China’s biggest co-working operator has finally opened shop in New York City – and it only took nine months, a legal settlement and a name change to get there.
Mao Daqing’s Ucommune, formerly known as UrWork, gave a series of… Read More>>
Ucommune Builds Shenzhen Foothold With WeDo Acquisition
After achieving notoriety for having a name that may have too closely resembled the world’s biggest co-working operator, the Beijing-based shared office startup formerly known as UrWork now appears to be imitating the eating habits of Pac-Man as it feasts… Read More>>
Asia Real Estate People in the News 2018-03-19
Leading this week’s roundup of people moves, a JLL exec is taking a top job overseeing the agency’s facilities management business in North Asia, while a veteran of China’s largest construction firm is hopping to Greenland USA. Hong Kong’s Pamfleet… Read More>>
Ucommune Acquires Co-Working Rival Woo Space, Boosting Valuation to $1.7B
Ucommune, the flexible office provider formerly known as UrWork, has acquired co-working rival Woo Space in the startup’s latest expansion play — boosting Ucommune’s valuation to $1.7 billion, the company announced.
China’s biggest co-working space provider informed Mingtiandi that the… Read More>>
Shenzhen Fund Investment Pushes Co-Working Unicorn Ucommune Value to $1.4B
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>>
WeWork’s Chinese Nemesis Leases First Hong Kong Space
The Chinese co-working startup formerly known as UrWork, has reportedly leased a full floor at Grand Millennium Plaza in Sheung Wan, preparing to open its first shared office centre just minutes away from Hong Kong’s Central business hub.
Now going… Read More>>