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Ucommune International Ltd. Announces Additional Investment in SaaS Services and IOT Solutions Subsidiary Xiyu Information - Vimarsana News

Ucommune International Ltd. Announces Additional Investment in SaaS Services and IOT Solutions Subsidiary Xiyu Information

Share this article Share this article BEIJING, Jan. 25, 2021 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider in China, today announced an additional investment in Beijing Xiyu Information Technology Co., Ltd. ("Xiyu Information"), a subsidiary of the Company and provider of SaaS services and IOT solutions, increasing its ownership in Xiyu Information from 51.0% to 53.2%. The Company decided to increase its investment in Xiyu Information to meet the growing market demand for SaaS services and IOT solution...