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WeWork files complaint against UrWork for trademark infringement, unfair competition

WeWork files complaint against UrWork for trademark infringement, unfair competition
From TechCrunch - September 12, 2017

WeWork, the behemoth co-work company valued at $20 billion, has filed a complaint with New Yorks Southern District Court, alleging that China-based UrWork is guilty of trademark infringement.

The argument is that UrWork is a name that is far too similar to WeWork given that both companies operate in the co-working industry.

UrWork is reported have a valuation over $1 billion, having raised nearly $165 million from investors like Sequoia, ZhenFund, and Aikang Group.

The company says it has more than 100 spaces overall, with one in Singapore and the rest in China. WeWork, on the other hand, has only six locations in China.

Moreover, UrWork recently announced a partnership with Serendipity Labs (another co-working space) to open a co-branded location in Manhattans Financial District. The company also has plans to open a Los Angeles location and a San Francisco location in the near future, according to the complaint.

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