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Mao Daqing

Ucommune Goes for NASDAQ Backdoor Listing at 75% Discount From 2018 Valuation

2020/07/09 by Jonathan Burgos Leave a Comment

Ucommune, China’s largest co-working operator has finally gone public, but not through the IPO that it had touted for more than two years, and at a valuation nearly one-quarter of its peak pricing, according to an announcement earlier this week.

… Read More>>

Mao Daqing Ucommune

Ucommune Said to File for US IPO in Wake of WeWork Debacle

2019/10/29 by Jan Kot Leave a Comment

Mainland co-working operator Ucommune is said to have filed for an initial public offering with the US securities regulator and is targeting a public listing before the end of the year, according to media reports.

The Beijing-based shared office unicorn,… Read More>>

ucommune xingpai3

Chinese Co-Working Unicorn Ucommune Gets RMB 200M in Fresh Funding

2019/04/07 by Jan Kot Leave a Comment

While some of its domestic competitors show signs of stumbling, Chinese co-working giant Ucommune has raised RMB 200 million ($29.8 million) in a round backed by a real estate affiliate of Chinese industrial conglomerate Beijing Xingpai Group, according to information… Read More>>

Mao Daqing Ucommune

Chinese Co-Working Unicorn Ucommune Raises $200M at $3B Valuation

2018/11/15 by Jan Kot Leave a Comment

Chinese co-working giant Ucommune announced on Wednesday that it has raised its biggest tranche of new capital ever, bringing in $200 million to further accelerate the expansion of its global footprint, according to a company statement.

The deal, described as… Read More>>

Mao daqing tb

Mainland Co-Working Heavyweight Ucommune Acquires Rival Fountown

2018/10/18 by Jan Kot Leave a Comment

Chinese co-working giant Ucommune continued its 2018 expansion streak by fully acquiring its Shanghai-based rival Fountown, adding 26 locations in Beijing and Shanghai to its mainland portfolio.

“I’m positive about the future growth outlook of the co-working economy in China… Read More>>

mao daqing ucommune

Chinese Co-Working Unicorn Ucommune Raises $43.5M at $1.8B Valuation

2018/08/16 by Michael Cole Leave a Comment

Chinese co-working startup Ucommune announced this week that it has raised RMB 300 million ($43.5 million) in its latest blow in the battle for Asia co-working hegemony.

This new round of funding gives Ucommune a valuation of $1.8 billion and… Read More>>

Daisy Qiu She Power

Ucommune Merges with Rival Workingdom, Invests $1.5M in She Power

2018/05/08 by Greg Isaacson Leave a Comment

Chinese flexible office operator Ucommune has announced a strategic merger with Shanghai-based rival Workingdom, marking the fourth such tie-up by the fast-growing startup this year.

Ucommune said last week it had agreed to invest in and merge with Workingdom, which… Read More>>

Shenzhen Fund Investment Pushes Co-Working Unicorn Ucommune Value to $1.4B

2018/02/13 by Shawna Kwan Leave a Comment

Chinese co-working startup Ucommune, formerly known as UrWork, is now valued at over RMB 9 billion ($1.4 billion) following a new investment of RMB 110 million ($17 million) from an existing backer, according to the company’s official Wechat account.

The… Read More>>

URWork Mao Daqing

Mainland Co-Working Startup URWork Raises $45M in Series C Cash at $1.3B Valuation

2017/12/26 by Michael Cole 3 Comments

Beijing-based URWork has raised RMB 300 million ($46 million) from a trio of mainland investment firms in a series C funding round that values the mainland co-working provider at RMB 9 billion ($1.3 billion), according to a recent announcement by… Read More>>

Banyan Tree

Singapore’s Banyan Tree Plans First Hotel in Singapore and More Asia Real Estate Headlines

2017/10/11 by Michael Cole Leave a Comment

Hotels, hospitals and apartments dominate today’s real estate stories from around the region as Singapore’s best-known resort operator decides to open its first resort in its home city, a co-living operator reveals a mainland expansion plan, and a Shenzhen-based developer… Read More>>

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