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Mao Daqing Ucommune

Ucommune Builds Shenzhen Foothold With WeDo Acquisition

2018/03/29 by Shawna Kwan Leave a Comment

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>>

Ucommune Acquires Co-Working Rival Woo Space, Boosting Valuation to $1.7B

2018/03/13 by Shawna Kwan Leave a Comment

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

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>>

WeWork’s Chinese Nemesis Leases First Hong Kong Space

2018/01/09 by Shawna Kwan Leave a Comment

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>>

UrWork ucommune

URWork Rebrands as Ucommune After WeWork Spat and More Asia Real Estate Headlines

2018/01/02 by Michael Cole Leave a Comment

At the top of the news today, China’s biggest co-working operator decided to start the new year out with a new name after tangling with its North American rival over pronouns and trademarks. South Korea investors also show up with… 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>>

Yang Guoqiang

Country Garden Scraps Plan for Shanghai IPO and More Asia Real Estate Headlines

2017/12/13 by Michael Cole Leave a Comment

China’s wave of homecoming listings appears to have officially ended as development colossus Country Garden shelves plan for a Shanghai IPO. Also in the news today, mainland investors are helping Xi Jinping line the belt and road with warehouses, and… 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>>

China’s UrWork to Open US Co-Working Beachhead in LA This Month

2017/10/09 by Greg Isaacson Leave a Comment

Chinese co-working startup UrWork is bringing its flexible office model to Los Angeles County this month, marking its first centre in the US as a legal battle disrupts the company’s planned New York debut.

UrWork has announced it will open… Read More>>

Mao Daqing

UrWork Vows to Fight WeWork for New York Co-Working Market

2017/09/30 by Michael Cole Leave a Comment

The battle for dominance in the global co-working market is heating up and for Beijing-based provider UrWork the contest with its US rival WeWork could be turning into a grudge match.

WeWork issued a statement on Friday seeming to claim… Read More>>

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