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Organizations and Principal Activities (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
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,
2020

 

As of
June 30,
2021

   

RMB

 

RMB
(unaudited)

 

USD
(Note 2)

Cash and cash equivalents

 

122,354

 

167,663

 

25,968

Other current assets

 

376,221

 

333,209

 

51,608

Total current assets

 

498,575

 

500,872

 

77,576

Property and equipment, net

 

329,322

 

307,737

 

47,662

Right-of-use assets, net

 

832,411

 

680,882

 

105,455

Goodwill

 

1,440,769

 

1,440,769

 

223,147

Other non-current assets

 

382,218

 

389,971

 

60,399

Total non-current assets

 

2,984,720

 

2,819,359

 

436,663

TOTAL ASSETS

 

3,483,295

 

3,320,231

 

514,239

Accounts payable

 

267,558

 

228,507

 

35,391

Lease liabilities, current

 

351,225

 

313,407

 

48,541

Other current liabilities

 

447,621

 

556,494

 

86,189

Total current liabilities

 

1,066,404

 

1,098,408

 

170,121

Lease liabilities, non-current

 

553,034

 

430,507

 

66,677

Other non-current liabilities

 

33,261

 

34,996

 

5,420

Total non-current liabilities

 

586,295

 

465,503

 

72,097

Total liabilities

 

1,652,699

 

1,563,911

 

242,218

 

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 Six Months Ended June 30,

   

2020

 

2021

 

2021

   

RMB

 

RMB

 

USD

Net revenues

 

381,517

 

 

485,863

 

 

75,251

 

Net loss

 

(177,970

)

 

(129,256

)

 

(20,019

)

Net cash (used in)/provided by operating activities

 

(11,763

)

 

61,527

 

 

9,529

 

Net cash (used in)/provided by investing activities

 

(27,266

)

 

(5,145

)

 

(797

)

Net cash provided by/(used in) financing activities

 

(25,923

)

 

3,008

 

 

466

 

 

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(1)

 

189,862

 

 

13,538

 

 

(34,223

)

 

(5,245

)