WeWork may have combined forces with its fiercest rival in China, Naked Hub, in a recent merger, but its new enemy numero uno in the country is also building up a roster of friends through aggressive M&A. Ucommune may not be spending the kind of cash WeWork China did — it reportedly spent $400 million to get Naked Hub — but it is quietly picking up smaller rivals via acquisitions.
Comment on WeWork’s biggest rival in China is on an acquisition spree
Jon Russell, TechCrunch
Mon, 07/16/2018 - 4:59am
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