URWork lands Aikang as new investor

Jul 5, 2017 • Thierry Heles

Aikang Group's $29.4m investment in URWork follows two rounds earlier this year that involved Junfa Group and Dahong Group, and Beijing Xingpai, respectively.

China-based co-working space provider URWork has received RMB200m ($29.4m) through a strategic investment by diversified conglomerate Aikang Group, TechNode reported yesterday, citing Chinese media reports.

Founded in 2015, URWork operates a network of co-working spaces across 24 Chinese cities as well as in Singapore, Taiwan, London and New York City. The company was founded by Mao Daqing, a former vice-president of real estate group China Vanke.

URWork also offers value-added services such as financial services, human resources and healthcare, and the…

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