08 Sep

China’s UrWork invests in Indonesia’s ReWork via $3M deal as WeWork rivalry heats up

 UrWork, the unicorn that is competing with WeWork in China, is following its American rival’s lead by extending its reach in Southeast Asia after it took part in a $3 million funding round for Indonesia-based ReWork. The round, which is described as pre-Series A, was led by China-U.S. firm ATM Capital and Indonesia’s Convergence Ventures. UrWork was a participant alongside U.S.… Read More
Source: TechCrunch – Funding and Exits

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