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Business Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2020
Acquisition of Shenzhen Weido [Member] |
Business Acquisitions (Tables) [Line Items] |
Schedule of purchase price |
|  | RMB
Cash consideration |  | 3,200
Share consideration |  | 95,147
5% equity interest in Shenzhen Weido Fair value: |  | 5,177
Carrying amount |  | 3,000
Remeasurement gain upon step acquisition |  | 2,177
Total purchase consideration |  | 103,524
Schedule of purchase price allocated on the date of acquisition |
|  | RMB
Cash |  | 2,426 |
Current assets |  | 7,261 |
Property and equipment, net |  | 3,030 |
ROU assets |  | 35,019 |
Goodwill |  | 104,980 |
Other non-current assets |  | 116 |
Lease liabilities-current |  | (7,542 | )
Other current liabilities |  | (14,289 | )
Lease liabilities-non-current |  | (27,477 | )
Total purchase consideration |  | 103,524 |
Acquisition of Daguan [Member] |
Business Acquisitions (Tables) [Line Items] |
Schedule of purchase price |
|  | RMB
Cash consideration |  | 700
Share consideration |  | 27,807
10% equity interest in Daguan Fair value: |  | 5,593
Carrying amount |  | 500
Remeasurement gain upon step acquisition |  | 5,093
Total purchase consideration |  | 34,100
Schedule of purchase price allocated on the date of acquisition |
|  | RMB |  | Amortization Period
Cash |  | 119 |  |  |
Other current assets |  | 1,781 |  |  |
Property and equipment, net |  | 201 |  |  |
Intangible assets-customer relationship |  | 7,658 |  |  | 5 years
Goodwill |  | 50,160 |  |  |
Current liabilities |  | (3,622 | ) |  |
Non-current Liabilities |  | (383 | ) |  |
Noncontrolling interests |  | (21,814 | ) |  |
Total purchase consideration |  | 34,100 |  |  |
Acquisition of Xiamen Aiaite [Member] |
Business Acquisitions (Tables) [Line Items] |
Schedule of purchase price allocated on the date of acquisition |
|  | RMB
Cash |  | 4,362 |
Other current assets |  | 10,852 |
Property and equipment, net. |  | 4,200 |
ROU assets |  | 14,559 |
Goodwill |  | 112,000 |
Other non-current assets |  | 452 |
Lease liabilities-current |  | (3,920 | )
Other current liabilities |  | (11,945 | )
Lease liabilities-non current |  | (10,519 | )
Total purchase consideration |  | 120,041 |
Acquisition of Wujie Space [Member] |
Business Acquisitions (Tables) [Line Items] |
Schedule of purchase price |
|  | RMB
Share consideration |  | 421,839
6.49% equity interest in Wujie Fair value: |  | 29,273
Carrying amount |  | 9,000
Remeasurement gain upon step acquisition |  | 20,273
Total purchase consideration |  | 451,112
Schedule of purchase price allocated on the date of acquisition |
|  | RMB
Cash |  | 2,905 |
Other current assets |  | 23,016 |
Property and equipment, net |  | 30,503 |
ROU assets |  | 68,448 |
Goodwill |  | 454,722 |
Other non-current assets |  | 9,152 |
Lease liabilities-current |  | (17,584 | )
Other current liabilities |  | (70,765 | )
Lease liabilities-non-current |  | (49,285 | )
Total purchase consideration |  | 451,112 |
Acquisition of Dongvi Yuanda [Member] |
Business Acquisitions (Tables) [Line Items] |
Schedule of purchase price allocated on the date of acquisition |
|  | RMB
Cash |  | 120 |
Other current assets |  | 88,685 |
Property and equipment, net |  | 342 |
Other non-current assets |  | 1,119 |
Goodwill |  | 120,961 |
Current liabilities |  | (63,033 | )
Non-current liabilities |  | (14,000 | )
Noncontrolling interests |  | (65,660 | )
Total purchase consideration |  | 68,534 |
Acquisition of Shengguang Zhongshuo [Member] |
Business Acquisitions (Tables) [Line Items] |
Schedule of purchase price |
|  | RMB |  | Amortization Period
Cash |  | 20,593 |  |  |
Other current assets |  | 53,264 |  |  |
Intangible assets |  | 19,710 |  |  | 3 – 5 years
Property and equipment, net |  | 147 |  |  |
Other non-current assets |  | 61 |  |  |
Goodwill |  | 83,549 |  |  |
Current liabilities |  | (42,559 | ) |  |
Non-current liabilities |  | (2,956 | ) |  |
Noncontrolling interests |  | (64,680 | ) |  |
Total purchase consideration |  | 67,129 |  |  |
Schedule of pro forma results of operations |
|  | For the year ended December 31, 2018
|  | unaudited
Pro forma net revenues |  | 537,011 |
Pro forma net loss attributable to Ucommune |  | (472,124 | )
Acquisition of Melo Inc. [Member] |
Business Acquisitions (Tables) [Line Items] |
Schedule of purchase price allocated on the date of acquisition |
|  | RMB |  | Amortization Period
Cash |  | 634 |  |  |
Other current assets |  | 3,335 |  |  |
Property and equipment |  | 370 |  |  |
Intangible assets |  | 13,708 |  |  | 19 years
ROU assets |  | 301 |  |  |
Lease liabilities, current |  | (127 | ) |  |
Current liabilities |  | (2,881 | ) |  |
Lease liabilities, non-current |  | (174 | ) |  |
Goodwill |  | 92,717 |  |  |
Total purchase consideration |  | 107,883 |  |  |
Schedule of pro forma results of operations |
|  | For the years ended December 31,
|  | 2018 |  | 2019
|  | unaudited |  | unaudited
Pro forma net revenues |  | 543,245 |  |  | 1,064,580 |
Pro forma net loss attributable to Ucommune |  | (491,311 | ) |  | (600,377 | )

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