Ucommune

Ucommune

Ucommune offers co-working space solutions to small-to-medium enterprises. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
CNY201820192020202120222023
Revenues493m1.2b877m1.1b661m460m
% growth-137 %(25 %)21 %(38 %)(30 %)
EBITDA2.3m(293m)(414m)(527m)105m(94.6m)
% EBITDA margin-(25 %)(47 %)(50 %)16 %(21 %)
Profit(473m)(791m)(488m)(2.0b)(292m)(4.9m)
% profit margin(96 %)(68 %)(56 %)(189 %)(44 %)(1 %)
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DateInvestorsAmountRound
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N/A

-
*

N/A

Angel

$31.0m

Series A

N/A

Series A

JPY400m

Series B

$179m

Late VC

$61.0m

Series C
N/A

$44.0m

Valuation: $1.8b

Series D
*

$200m

Valuation: $3.0b

Series D
N/A

$29.8m

Valuation: $3.0b

43.8x EV/LTM Revenues

9434.6x EV/LTM EBITDA

Series E
Total FundingAUD847m

Recent News about Ucommune

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More about Ucommune
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Ucommune is China’s co-working community operator. As of September 30th, 2019, Ucommune covered 42 cities including all the tier-1 and new tier-1 cities in Greater China as well as Singapore and New York City. Ucommune’s offline co-working space services include self-operated models of U Space (spaces as the core of our brand & community), U Studio (small-size spaces) and U Design (customized spaces), as well as asset-light models of U Brand (utilizing our design & build services and brand) and U Partner (new model launched in August 2019 utilizing our operation & management services and brand ). Moreover, Ucommune provides advertising & branding services, incubation & corporate venturing services, tax & finance services, human resource services, legal services, design & build services, as well as IT support to empower enterprise and individual members. Through hard work in the past four years, we have redefined the working culture and positioned ourselves as an iconic brand in China’s urban life. We have built a unique nationwide platform, distinguishing ourselves through a seamless integration of physical spaces offline and member community online, to empower our members to fulfill their dreams. We provide our members with flexible and dynamic workspaces and services in response to their diversified business needs, convenient and high-quality facilities for their people to learn and live, and an open and vibrant environment to connect, share, grow and succeed. Relentlessly, we are fostering our intelligent co-working ecosystem on a global scale, where our members can leverage our network to unleash their potential and collectively create maximum value. We believe that together with Ucommune, our members become stronger.