
China's PE-backed Ucommune acquires domestic rival
Chinese PE-backed co-working space provider Ucommune, formerly known as UrWork, has acquired domestic industry peer Woo Space.
The purchase price of Woo Space was not disclosed, but in a statement Ucommune said the valuation of the combined company is $1.7 billion. Following the merger the teams will focus on platform upgrades,...
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Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
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Insight leads $50m round for Australia's Roller
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