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Organizations and Principal Activities (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of loss per share before and after the retrospective adjustments

		Year Ended December 31,
		2018						2019
		Before adjustment			After adjustment			Before adjustment			After adjustment
Net loss per share attributable to ordinary shareholders of Ucommune International Ltd.
– Basic		(4.74	)		(9.91	)		(7.56	)		(15.80	)
– Diluted		(4.74	)		(9.91	)		(7.56	)		(15.80	)
Weighted average shares used in calculating net loss per share
– Basic		90,646,360			43,359,150			104,684,701			50,074,152
– Diluted		90,646,360			43,359,150			104,684,701			50,074,152

Schedule of company’s major subsidiaries

Name		Later of date of establishment or acquisition		Place of establishment		Percentage of legal ownership of the Company		Principal activities
Major Subsidiaries of the Company:
Ucommune Group Holdings Limited		September 21, 2018		Cayman		100%		Investment holding
Ucommune Group Holdings (Hong Kong) Limited (“Ucommune HK”)		December 7, 2018		Hong Kong		100%		Shared workspace
Ucommune (Beijing) Information Technology Co., Ltd (“WFOE”)		January 3, 2019		PRC		100%		Technology and internet service
Melo, Inc.		May 15, 2019		Delaware		100%		Technology Innovation
Melo Hongkong Limited		May 15, 2019		Hong Kong		100%		Technology Innovation
Beijing Melo Technology Co. Ltd		May 15, 2019		PRC		100%		Technology Innovation

Name

Later of date of
establishment
or acquisition

Place of
establishment

Percentage
of legal
ownership
of the
Company

Principal
activities

VIEs:

Ucommune (Beijing) Venture Investment Co., Ltd (“Ucommune Investment”)

April 3, 2015

PRC

Nil

Shared workspace

Beijing Youxianji Technology Co., Ltd (“Youxianji”)

August 29, 2018

PRC

Nil

Technology and internet service

Beijing Weixue Tianxia Educational Technology Co. Ltd

May 15, 2019

PRC

Nil

Technology Innovation

Major VIEs’ subsidiaries:

Beijing Sunshine 100 Ucommune Venture Investment Co., Ltd.

May 18, 2015

PRC

Nil

Shared workspace

Beijing Pengda Ucommune Venture Investment Co., Ltd.

July 31, 2015

PRC

Nil

Shared workspace

Shanghai Ucommune Venture Investment Co., Ltd.

October 30, 2015

PRC

Nil

Shared workspace

Beijing Weituo Ucommune Venture Investment Co., Ltd.

January 04, 2016

PRC

Nil

Shared workspace

Beijing Hongkun Enterprise Management Consulting Co., Ltd.

May 16, 2016

PRC

Nil

Shared workspace

Beijing Jingchao Ucommune Technology Services Co., Ltd.

September 19, 2016

PRC

Nil

Shared workspace

Beijing Dongke Ucommune Technology Service Co., Ltd.

July 06, 2017

PRC

Nil

Shared workspace

Hongtai Innovation Space (Beijing) Venture Investment Co., Ltd. (“Hongtai Space”)

December 05, 2017

PRC

Nil

Shared workspace

Hongkunyouxiang (Beijing)Technology
Co., Ltd.

December 06, 2017

PRC

Nil

Shared workspace

Shenzhen Weido Union Technology Co., Ltd. and Subsidiaries (“Shenzhen Weido”)

June 01, 2018

PRC

Nil

Shared workspace

Hezuogongchuang (Beijing) Office Services Co., Ltd. and its Subsidiaries (“Wujie Space”)

June 01, 2018

PRC

Nil

Shared workspace

Beijing Dongyi Yuanda Architectural Decoration Engineering Co., Ltd. (“Dongyi Yuanda”)

July 01,2018

PRC

Nil

Construction

Beijing Daguan Architectural Design Consulting Co., Ltd. and Subsidiary (“Daguan”)

July 01,2018

PRC

Nil

Interior design

Zhuhai Shengguang Zhongshuo Digital Marketing Co., Ltd. (“Shengguang Zhongshuo”)

December 20, 2018

PRC

Nil

Marketing service

Beijing Xiyu Information Technology
Co., Ltd.

March 20, 2017

PRC

Nil

SaaS services and IOT solutions

Schedule of consolidated financial statements of balance sheets

		As of December 31,
		2019		2020
		RMB		RMB		USD
Cash and cash equivalents		169,530		122,354		18,752
Held-for-sale asset, current		356,233		—		—
Other current assets		362,155		376,221		57,658
Total current assets		887,918		498,575		76,410
Property and equipment, net		538,514		329,322		50,471
Right-of-use assets, net		1,778,734		832,411		127,573
Goodwill		1,440,769		1,440,769		220,808
Other non-current assets		272,772		382,218		58,577
Total non-current assets		4,030,789		2,984,720		457,429
TOTAL ASSETS		4,918,707		3,483,295		533,839
Accounts payable		317,816		267,558		41,005
Lease liabilities, current		557,647		351,225		53,828
Other current liabilities		574,779		447,621		68,600
Total current liabilities		1,450,242		1,066,404		163,433
Lease liabilities, non-current		1,345,623		553,034		84,756
Other non-current liabilities		21,735		33,261		5,097
Total non-current liabilities		1,367,358		586,295		89,853
Total liabilities		2,817,600		1,652,699		253,286

Schedule of consolidated financial statements of revenue

		For the Years Ended December 31,
		2018			2019			2020			2020
		RMB			RMB			RMB			USD
Net revenues		448,508			1,147,942			846,298			129,701
Net loss		(445,155	)		(736,149	)		(396,494	)		(60,765	)
Net cash (used in)/provided by operating activities		(52,071	)		(164,856	)		8,435			1,293
Net cash (used in)/provided by investing activities		(29,685	)		36,329			(41,915	)		(6,424	)
Net cash provided by/(used in) financing activities		189,682			13,358			(34,223	)		(5,245	)