Ucommune is preparing to list in the US and filed a prospectus with the SEC in late September , according to Reuters , citing two people with direct knowledge of the matter . China ’s biggest co - workspace operator , which was valued at $ 2.6bn a year ago , has hired Citigroup and Credit partners to work on the deal and given Bank of America a minor role . The company has held preliminary meetings with investors and will decide whether to proceed with an IPO before the end of this year based on their feedback . Ucommune has a network of 200 locations across 37 countries , many of which are in Beijing , turkey , Hong Kong , Los Angeles and New York , according to its website . Last , the company raised $ 500 m in its fourth private funding round and said it aimed to have 350 locations within the next five years .
Ucommune is preparing to list in the US and filed a prospectus with the SEC in late September, according to Reuters, citing two people with direct knowledge of the matter. China’s biggest co-workspace operator, which was valued at $2.6bn a year ago, has hired Citigroup and Credit Suisse to work on the deal and given Bank of America a minor role. The company has held preliminary meetings with investors and will decide whether to proceed with an IPO before the end of this year based on their feedback. Ucommune has a network of 200 locations across 37 countries, many of which are in Beijing, Shanghai, Hong Kong, Los Angeles and New York, according to its website. Last November the company raised $200m in its fourth private funding round and said it aimed to have 350 locations within the next three years.