Chinese co - working office start - up K Space is reported to be planning to raise at least $ 200 million in a new funding round , hoping to achieve a valuation of about $ 1.3bn . It plans to use the funds to support further expansion and is also reportedly considering the possibility of merging with a rival . (Bloomberg) -- Kr Space currently has 14 business units and provides desks and offices to more than 2,000 corporate and 20,000 individual members .
Chinese co - working office start - up K Space is reported to be planning to raise at least $ 200 million in a new funding round , hoping to achieve a valuation of about $ 1.3bn . It plans to use the funds to support further expansion and is also reportedly considering the possibility of merging with a rival . Kr Space currently has 14 business units and provides desks and offices to more than 2,000 corporate and 20,000 individual members .