Our highlight of the week: Video media platform Baofeng acquires 3 companies with USD 476 M; Coworking space UR Work lands USD 30 million; and Tencent leads USD 100M financing in Twitch-like game streaming site.
Tag: coworking space
After US coworking space provider WeWork raised USD 430 million from China VCs last Thursday, China’s coworking space provider, UR Work, also received investment from several of China’s largest VCs on Saturday.
Chinese tech-focused coworking spaces are catching onto the Wework concept of building a community, creating added value for startups.