The recent coronavirus outbreak dramatically increased the penetration of productivity apps on the Chinese market, which in turn will likely accelerate the digitization of local enterprises.
TagShared Office
On March 9, office-sharing enterprises UCOMMUNE and Woo Space announced a merger. This merger is an important strategic step for UCOMMUNE after its previous merger with Hongtai Space two months ago. Now UCOMMUNE is valued at nearly $1.7 billion (11 billion yuan).