Ucommune confirms RMB 300 million acquisition of Workingdom, signals there is more to come

While the sharing economy mania is cooling down in the bike rental industry with ofo retreating from India and Australia, the field of co-working is seeing some ambitious moves. Ucommune (previously UrWork), China’s leading co-working space and startup community service provider, announced today an RMB 300 million ($45 million) acquisition of Shanghai-based co-working company Workingdom. The acquisition is not […]