Mofang Apartment
About
Mofang Living (魔方公寓) was founded in 2009 in Shanghai by Zheng Nanyan (chairman) and Liu Jia (CEO). It is China's largest institutional rental apartment operator, managing over 70,000 apartments across tier-one and tier-two cities including Beijing, Shanghai, Guangzhou, and Shenzhen. Backed by Warburg Pincus, CDPQ, and Ocean Link Partners, Mofang raised over $860M in total funding and has pursued a Hong Kong IPO. The company targets young urban professionals and provides standardized co-living experiences.