In the Loop: Coworking In China Is Where It’s At and Austin’s Coworking Day

UrWork Embraces The Power Of Collaboration

The race to being the #1 coworking provider in Asia has, for some time, been between UrWork and WeWork. And as the competition continues to heat up, UrWork is finding strategic ways to grow its footprint so as to remain the dominant player in Asian territory. Most recently, UrWork announced that it has signed a joint venture agreement with Fountown Entrepreneur Services, a coworking brand that currently operates in 25 locations.

Read the full story here.

Coworking In China Is Where It’s At

Not too long ago, Frank Cottle said that Asia is the hottest market for coworking at the moment. And he’s right. This year, we’ve seen how the Asian coworking market has grown–in terms of operators, locations, and in terms of funding. And to this last point, Distrii, a Shanghai-based coworking provider, announced this week that it raised 200 million yuan (US$30.2 million) on a series A funding round.

Get the full scoop on the funding round and the investors here.

Austin Celebrates Its First Austin Coworking Day

Austin’s Mayor, Steve Adler, proclaimed September 27th as “Austin Coworking Day”, and local operators members of the Austin Coworking Alliance celebrated the day with free coworking and special events.

Check out their Facebook Event here.