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BEIJING, Dec. 23, 2020 /PRNewswire/ Ucommune International Ltd. (NASDAQ: UK) ( Ucommune International ), today announced the unaudited financial results of its acquired company, Ucommune Group Holdings Limited ( Ucommune Group or the Company ), a leading agile office space manager and provider in China, for the first nine months ended September 30, 2020. The information provided in this release solely represents the historical financial information of Ucommune Group prior to its closing of the business combination with Ucommune International on November 17, 2020.
Financial Highlights of the First Nine Months of 2020
Net revenues were RMB598.5 million (US$88.1 million), compared with RMB874.6 million in the first nine months of 2019.