Ucommune, formerly Urwork, is buying Workingdom for CNY300m ($45m) adding over 11,000 sq m of prime co-workspace in Shanghai to its portfolio. ’s co-working space. The company has also been looking at the possibility of expanding into other cities including Hong Kong, Singapore, and New York. Since being founded in 2015, the start-up has established itself as a leading co-workspace and serviced office operator. The company expects nearly 30% of all office space in China to be co-work space by 2030.
Ucommune, formerly Urwork, is buying Workingdom for CNY300m ($45m) adding over 11,000 sq m of prime co-workspace in Shanghai to its portfolio. The company has also been looking at the possibility of expanding into other cities including Hong Kong, Singapore, and New York. Since being founded in 2015, the start-up has established itself as a leading co-workspace and serviced office operator. The company expects nearly 30% of all office space in China to be co-work space by 2030.