Co-Working Space Firms UrWork, 5Lmeet Raise $116M From Beijing Xingpai

Beijing Xingpai Group, a Chinese conglomerate engaged in the sports, real estate and investment businesses, has led a RMB800 million (US$116) investment round in co-working space start-up UrWork and 5Lmeet, both founded by Mao Daqing, a former real estate executive at China Vanke Co., Ltd.

China Money Network

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