Ucommune acquired five of its smaller rivals last year, including the 300 million yuan acquisition of Workingdom. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Cutthroat competition in China’s co-working office sector will see a survival of the largest

  • The fact China’s largest home-grown provider of shared workspace, Ucommune, succeeded in winning fresh backing amid a funding crunch is yet another sign that consolidation is under way and more of the smaller players are set to fail

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Ucommune acquired five of its smaller rivals last year, including the 300 million yuan acquisition of Workingdom. Photo: Reuters
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