INSIGHTS | Will co-working survive WeWork?

This article was co-authored by Emma Lee.

When WeWork started in 2010, it was one of the first players in co-working spaces. It helped to define the industry, becoming nearly synonymous with it. 

The co-working office model exploded not only in the west, but soon took over China as well. Office spaces popped up everywhere in China’s first-tier cities. When WeWork officially entered China in 2017, it faced fierce competition from its China counterparts including Ucommune (UCommune is an investor in TechNode), Kr Space, and MyDreamPlus.

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