A rash of growth and acquisitions in the Chinese co - working market has led to a shift in focus for the industry , according to a report by Haozu.com and the China Real Estate Chamber of Commerce . It said major firms were now focused on quality of services and products , rather than rapid expansion . unicorn Ucommune-- The Chinese market was worth CNY9bn ( $ 1.4bn ) last year , and predicted it will reach CNY100bn by 2030 , with the top 30 firms commanding 70 % of the sector .
A rash of growth and acquisitions in the Chinese co - working market has led to a shift in focus for the industry , according to a report by Haozu.com and the China Real Estate Chamber of Commerce . It said major firms were now focused on quality of services and products , rather than rapid expansion . The Chinese market was worth CNY9bn ( $ 1.4bn ) last year , and predicted it will reach CNY100bn by 2030 , with the top 30 firms commanding 70 % of the sector .