On Oct 1, UrWork (Beijing) Venture Investment announced its collaboration with iDream Space to build a co-working platform (above) that services start-ups and small and medium-sized enterprises in China and the US.

Located at City of Industry in Los Angeles, UrWork and iDream Space’s first jointly operated co-working space spans a total area of 107,640 sq ft. The indoor space, which measures 43,056 sq ft, houses 300 work stations.

Facilities include staffless supermarkets, a gym, bistro, multimedia studio, media centre and large meeting rooms. According to UrWork, US$15 million ($20.5 million) was invested in the Los Angeles location.

Mao Daqing, founder and CEO of UrWork, says, “This is a win-win partnership that can tap the shared strengths of iDream Space and UrWork to improve overall operational effectiveness.”

Source: UrWork