After a flurry of domestic acquisitions earlier this year, co-workspace giant Ucommune is looking to Singapore as it plans to grow beyond China and create a stronghold in Southeast Asia. The first two locations in Singapore, the region's tech hub, will be at One-North and Suntec. Singapore has always been a hotspot to groom entrepreneurs especially in the fintech and blockchain fields over the last 5 years. On the possibility of listing the company, founder and CEO Mao Daqing said last month that he wants Ucommune to remain independent for now, but added; “I am not against the idea of being acquired”. In an interview with local daily Lianhe, Mr Mao said: “Co-working spaces are becoming more popular among young people who want to work from home.
After a flurry of domestic acquisitions earlier this year, co-workspace giant Ucommune is looking to Singapore as it plans to grow beyond China and create a stronghold in Southeast Asia. The first two locations in Singapore, the region's tech hub, will be at One-North and Suntec. On the possibility of listing the company, founder and CEO Mao Daqing said last month that he wants Ucommune to remain independent for now, but added; “I am not against the idea of being acquired”. In an interview with local daily Lianhe, Mr Mao said: “Co-working spaces are becoming more popular among young people who want to work from home.