UCommune

Major China Coworking Firm Inks Merger Deal

Ucommune entered into a definitive agreement with Orisun Acquisition Corp. to create a combined company, Ucommune International, with a pro forma firm value of $769 million.

Chinese Coworking Giant Seeks US IPO

Beijing-based UCommune is reportedly aiming to raise as much as $200 million through the offering, as China’s flexible office sector shows signs of overheating.