China’s largest co-working space operation Ucommune submitted its prospectus to SEC in a bid to launch its IPO in New York Exchange. It will be traded in the code of UK. Its underwriters include Haitiong International, Huaxing Capital, The Core Securities, Prime Number Capital, and CRIC Securities.
By September 30th 2019, Uncommune has covered 42 cities, managing a total space of 608,600㎡, providing 72,700 working desk, and serving 609,600 members.
Net revenue of Uncommune in 2017, 2018,and 2019 are ￥167 million，￥449 million，and ￥875 million respectively. It recorded a year-on-year growth of 168% and 210% in 2018 and the first three quarters of 2019 respectivley.
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