About Wujie Space
Wujie Space is a company based in Beijing (China) founded in 2015 by Randy Wan was acquired by Ucommune in March 2018. Wujie Space has raised $14 million across 2 funding rounds from investors including Ucommune, China Equity Group and Matrix Partners China. Wujie Space has completed 1 acquisition, including FourWork. Wujie Space operates in a competitive market with competitors including WeWork, MyDreamPlus, Krypton Space, WEPLUS and Naked Hub, among others.
- Headquarter Beijing, China
- Founders Randy Wan
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Sectors
Real Estate & Construction
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Website
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Funding Insights of Wujie Space
Wujie Space has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in March 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Wujie Space
Wujie Space has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Ucommune, China Equity Group and Matrix Partners China.
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Private equity investment firm
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Multiple sectors are invested in by this venture capital firm.
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Plum Ventures is recognized as a leading early-stage investment firm in China.
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Investor details for Wujie Space
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Investments & Acquisitions by Wujie Space
Wujie Space has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FourWork.
Investment portfolio details for Wujie Space
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Co-working spaces and conference rooms are provided in Beijing.
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Complete acquisition details for Wujie Space
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Financial Statements - Wujie Space
Detailed financials for Wujie Space
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Wujie Space Comparisons
Peer comparison for Wujie Space
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Competitors of Wujie Space
Wujie Space operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, MyDreamPlus, Krypton Space, WEPLUS and Naked Hub, among others.
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Flexible office and coworking spaces are provided by WeWork globally.
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Managed shared workspaces are provided online for entrepreneurs and freelancers.
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Provides managed co-working spaces tailored for freelancers and enterprises to enhance productivity.
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Provider of managed co-working spaces
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Detailed competitors of Wujie Space
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Latest news on Wujie Space
Complete news archive for Wujie Space
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Frequently Asked Questions about Wujie Space
Wujie Space was founded in 2015.
Wujie Space is headquartered in Beijing, China.
Randy Wan is the current CEO of Wujie Space. They have also founded this company.
Wujie Space is a funded company, having raised a total of $14M across 2 funding rounds to date.
Wujie Space was founded in 2015 in Beijing as a co-working space provider in China. The acquisition of Fourwork resulted in 13 offices across Beijing, Tianjin, and Shanghai, where 5,000 desks are supplied to over 200 companies. W Studio was introduced to deliver conference room services for startups. A strategic partnership with UrWork was established in March 2016 to support marketing, operations, and resource sharing.
Wujie Space's top competitors include WeWork, MyDreamPlus and Naked Hub.
Wujie Space has made 1 acquisition, including FourWork.
Wujie Space has 4 investors. Key investors include Ucommune, China Equity Group, Matrix Partners China, and Plum Ventures.