‘Chinese WeWork’ UCommune Reports Huge Losses, Sees Dark Days Ahead
Falling demand for office spaces during Covid-19 and massive goodwill depreciation lead to record-breaking losses for the coworking operator Key Takeaways: UCommune breaks new net-loss record in 2021 and has burned…
WeWork Imitator Ucommune Labors to Find New Value in Shared Workspaces
Despite positive results from its early efforts at finding a better business model, company offers no glimpse of when it might become profitable Key Points: • Ucommune is focusing on…
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