China’s co-working space giant Ucommune acquires rival, valuation rises to $1.7b

Ucommune in Choyang, Beijing

UrWork (Beijing) Venture Investment, commonly known as Ucommune and formerly known as UrWork, the only unicorn in China’s co-working sector, said it is on track to form Asia’s largest co-working space provider following its acquisition of rival Woo Space.

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