New York Business Journal – July 10, 2017

UrWork is looking to give WeWork a run for its money.

Touted as the leading co-working company in China, UrWork is partnering with Rye, New York-based Serendipity Labs to open up a new co-working location in Manhattan’s Financial District.

Based at 28 Liberty St., within the One Chase Manhattan Plaza tower, the 34,000-square-foot location is slated to open in October 2017.

UrWork and Serendipity are hyping that the partnership allows entrepreneurs from abroad to set up shop in the U.S. — specifically Silicon Alley. …

“We are proud to be partnering with an industry leader in the United States at a location of this stature,” Mao Daqing, founder and CEO of UrWork. “Our members who wish to do business in the U.S. can expect an upscale, hospitality-based experience with Serendipity Labs, and we look forward to supporting Serendipity Labs members when business takes them to China.”

“Through this partnership, we are creating immediate value for our members without committing to extensive investments in overseas operations,” John Arenas, CEO and founder of Serendipity Labs, said in a prepared statement. “It provides our members seamless access to UrWork’s extensive network of locations, while offering their members upscale co-working when in the U.S.” …

Source: Anthony Noto, “Can UrWork compete with WeWork? The battle for co-working supremacy continues” New York Business Journal