China’s Ucommune buys Chinese interior design firm Daga

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Ucommune, a co-working space operator based out of China, also formerly known as UrWork, has recently announced that the company as acquired Beijing-based interior design firm, Daga Architects. With this acquisition, Daga will bring its top-class art designs to Ucommune's co-working space networks.

Co-founded by four experienced designers including Shen Jianghai, formerly at the renowned Zaha Hadid Architects, Daga Architects has been a long-term partner of Ucommune and teamed up with the firm for the design of its spaces in Hangzhou, Singapore, Kunming, and 5L Meet in Beijing, part of another space operator project co-founded by Ucommune founder Mao Daqing.

As an early entrant, Ucommnue gradually rose to dominance in China’s co-working space market in line with a swift market consolidation of the sector. It has acquired a series of smaller but strategic competitors, such as Wedo, Woo Space, New Space, Workingdom.

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