Co-working giant Ucommune seeks $3b valuation in Nasdaq IPO: Report

Photo: Ucommune

China’s co-working space provider Ucommune is seeking a $3-billion valuation in a planned initial public offering (IPO) in Nasdaq that could take place as early as the third quarter of this year, according to a report by The Information.

According to sources quoted in the report, Ucommune, which was valued at $2.6 billion in its last funding round, is going ahead with a New York IPO after previously considering going public in Hong Kong.

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