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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.

ā€œI’m positive about the future growth outlook of the co-working economy in China… Read More>>

James Lo WeWork

Asia Real Estate People in the News 2018-10-15

2018/10/15 by Michael Cole Leave a Comment

As industry leader WeWork toys with a potential $40 billion valuation, the benefits of co-working to most investors in the industry remain to be seen, however, the upside in terms of jobs for real estate professionals in the region are… 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>>

francis lo

Asia Real Estate People in the News 2018-07-09

2018/07/09 by Michael Cole Leave a Comment

A set of board level changes lead this week’s look at who’s changing places in Asia’s real estate world, as an Anbang executive appears to be exiting a role as some of the mainland’s leading corporates, and Korea’s biggest pension… Read More>>

Warburg-Embassy JV Buys Site for $88M India Project and More Asia Real Estate Headlines

2018/06/26 by Michael Cole Leave a Comment

India, Dallas, Vietnam and Beijing all make it into today’s collection of headlines as we go regionwide to bring you all the latest deals. At the top of the news on the way to what could be a $1 billion… Read More>>

Ucommune Catches Blockchain Fever as China Gets Technical About Co-Working

2018/05/30 by Greg Isaacson Leave a Comment

Chinese co-working startup Ucommune has launched a blockchain development platform, in a move to add a high-tech edge to its network of shared office spaces.

The new program, Ucommune Blockchain Lab, was inaugurated in Beijing on Monday. Member companies will… Read More>>

Mao Daqing

China’s Ucommune Eyes Hong Kong IPO and More Asia Real Estate Headlines

2018/05/17 by Greg Isaacson Leave a Comment

Leading today’s news roundup, the head of co-working provider Ucommune wants to take things to the next level, revealing that an IPO or buyout of China’s top flexible office firm could be on the horizon. Also in the headlines, Switzerland’s… 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>>

Ye Jianming CEFC

CITIC Comes to CEFC’s Rescue in Europe and More Asia Real Estate Headlines

2018/04/21 by Greg Isaacson Leave a Comment

At the top of today’s new roundup, China’s CIITC Group has once again come to the rescue of a troubled overseas project as the state-run investment giant announces a European JV with scandal-plagued CEFC.

And if joint ventures don’t light… Read More>>

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