Ucommune International
Flexible workspace operator with landlord-funded management and revenue-sharing services in China.
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Profile
Provides flexible workspaces, office memberships, and related management and revenue-sharing services in China, using U Bazaar and internal operating tools to support access and space operations. The Nasdaq parent relies on contractual control of its Chinese VIE rather than equity ownership.
Operates flexible offices through self-run U Space locations and asset-light U Brand and U Partner arrangements. Monthly memberships, workstation and office rentals, management fees, consulting, incentive fees, and revenue shares provide revenue. U Bazaar supports access, room booking, visitor management, partner services, and member connections; Udata, UDA, and UcomOS support internal operations.
Serves members mainly in China through a greatly reduced network of flexible spaces, while U Plus connects users with business and personal services through external partners. The asset-light model depends on landlords supplying or funding suitable space and on negotiated management fees or revenue shares. The Nasdaq parent is a Cayman Islands holding company that relies on contracts to control and consolidate Beijing U Bazaar, where it holds no equity ownership.
Company facts
Key statistics
Analysts
No analyst consensus on record.
Earnings
EPSReportedEstimate
RevenueReportedEstimate
Financials
Balance sheet, Dec 31, 2025Cash & short-term investments $5.4M · Total debt $2.3M · Total assets $30.1M · Shareholders' equity $19.3M
- Revenue
- $8.8M
- Operating income
- −$2.1M
- Net income
- −$3.7M
Reported in CNY, converted at the latest exchange rate
Dividends
No dividends on record.
Ownership
200.0K ADS as of Aug 21, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Ambitious World LimitedStrategic | —7.10% of class, as filed | — | 13Gfiled Feb 11, 2021 ↗ |
Daqing MaoInsider | —17.20% of class, as filed | — | 13Dfiled Mar 7, 2024 ↗ |
13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
Nothing filed in the last 12 months.
Peers
Not reported.