This easy-to-understand model should have been easily recognized by the market, but the listing process of Ucommune has been so tortuous, which is naturally inseparable from the skepticism of the market, but the more important reason is that Ucommune The problem of the factory itself. Ucommune has raised more than 5 billion yuan in financing but is still at a loss. Although Ucommune said that its losses mainly come from investments for business development, the fundamental reason for Ucommune’s losses is that it has been merging and expanding, burning money for scale.
As of October 2019, Ucommune has covered 42 cities including first-tier and new-tier cities in China and Singapore. So far, Ucommune has sounded the clarion call for listing. However, these problems are not unique to Ucommune, and they are Fax List common to the entire shared office industry, and this kind of problem also furthers the market's suspicion of the shared office field. The downturn in the industry has made the outside world full of doubts about the co-working space. The difficulty of listing Ucommune, which has the largest coverage in the co-working industry, is a good example.
But at the moment when the sharing economy is on fire, why is the shared office frequently frustrated in the market? In contemporary society, shared power banks, shared bicycles and other emerging things take a very short time from entering the field of vision to integrating into life. While enjoying the convenience and benefits it brings, people also realize that "sharing" has become a new era model. An industry that has arisen due to the times, its fate is naturally affected by the changes of the times. In 2015, the state called for "mass entrepreneurship and innovation" and issued many entrepreneurship support policies. Many people saw and seized the opportunities of the times, and countless startups came one after another.