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Unaudited Condensed Consolidated Statements of Operations
¥ in Thousands, $ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2021
CNY (¥)
¥ / shares
shares
Jun. 30, 2021
USD ($)
$ / shares
shares
Jun. 30, 2020
CNY (¥)
¥ / shares
shares
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Revenue:              
Workspace membership revenue ¥ 185,079 $ 28,665 ¥ 239,004 ¥ 422,984 $ 64,825 ¥ 557,994 ¥ 394,356
Marketing and branding service revenue (including services provided to a related party of RMB 60,922 and RMB 3,099 for six months ended June 30, 2020 and 2021) 238,692 36,969 126,480 317,461 48,653 534,826 24,617
Other service revenue (including services provided to related parties of RMB 4,508 and RMB 10,847 for six months ended June 30, 2020 and 2021) 77,264 11,967 33,083 136,692 20,949 74,538 29,535
Total revenue 501,035 77,601 398,567 877,137 134,427 1,167,358 448,508
Workspace membership (including services provided by related parties of RMB 9,908 and RMB 3,671 for six months ended June 30, 2020 and 2021) (244,817) (37,917) (300,909) (557,102) (85,380) (814,002) (624,844)
Marketing and branding service (including services provided by related parties of RMB 7,276 and RMB 826 for six months ended June 30, 2020 and 2021) (228,266) (35,354) (117,612) (297,893) (45,654) (485,473) (22,481)
Other services (57,027) (8,832) (28,496) (113,074) (17,329) (69,917) (16,284)
Cost of revenue:              
Total cost of revenue (530,110) (82,103) (447,017) (968,069) (148,363) (1,369,392) (663,609)
Impairment loss on long-lived assets (9,742) (1,509) (33,462) (36,505) (5,595) (52,030) (111,203)
Pre-opening expenses       (15,124) (20,165)
Sales and marketing expenses (28,141) (4,358) (16,873) (47,061) (7,212) (75,841) (44,783)
General and administrative expenses (227,892) (35,296) (40,618) (320,202) (49,073) (181,582) (118,798)
Remeasurement gain of previously held equity interests in connection with step acquisitions       386 27,543
Change in fair value of warrant liability (20,181) (3,126) (179,475) 25,607
Operating expenses:              
Loss from operations (315,031) (48,791) (139,403) (494,700) (75,816) (705,700) (456,900)
Interest expense, net (664) (103) (7,085) (12,863) (1,971) (10,402) 11,672
Subsidy income 2,623 406 6,578 13,931 2,135 16,782 31,783
Impairment loss on long-term investments (461) (71) (10,060) (1,542) (37,453) (18,990)
Gain on disposal of long-term investments       8,561 1,312 2,030
Gain/(loss) on disposal of subsidiaries (950) (147) 3,018 (39,703) (6,085)
Other (expense)/income, net 31,855 4,934 (51,647) 30,393 4,658 (63,480) (11,715)
Loss before income taxes and loss from equity method investments (282,628) (43,772) (188,539) (504,441) (77,309) (800,253) (442,120)
Provision for income taxes: (1,082) (168) (1,085) (2,864) (439) (4,872) (2,087)
Gain/(loss) from equity method investments (27) (4) 144 (639) (98) (1,548) (948)
Net loss (283,737) (43,944) (189,480) (507,944) (77,846) (806,673) (445,155)
Less: Net (loss)/income attributable to noncontrolling interests 14,385 2,228 (3,225) (19,452) (2,981) (15,523) (15,563)
Net loss attributable to Ucommune International Ltd. ¥ (298,122) $ (46,172) ¥ (186,255) ¥ (488,492) $ (74,865) ¥ (791,150) ¥ (429,592)
Net loss per share attributable to ordinary shareholders of Ucommune International Ltd.(i)              
– Basic (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ (3.53) $ (0.55) ¥ (2.97) ¥ (7.5) [1] $ (1.15) [1] ¥ (15.8) [1] ¥ (9.91) [1]
– Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ (3.53) $ (0.55) ¥ (2.97) ¥ (7.5) [1] $ (1.15) [1] ¥ (15.8) [1] ¥ (9.91) [1]
Weighted average shares used in calculating net loss per share(i)              
– Basic (in Shares) 84,517,049 84,517,049 62,811,339 65,141,759 [1] 65,141,759 [1] 50,074,152 [1] 43,359,150 [1]
– Diluted (in Shares) 84,517,049 84,517,049 62,811,339 65,141,759 [1] 65,141,759 [1] 50,074,152 [1] 43,359,150 [1]
[1] Par value of ordinary shares, additional paid-in capital and share data have been retroactively restated to give effect to the reverse recapitalization that is discussed in Note 1(a)