
Global co-working giant WeWork’s China unit is reportedly buying Chinese shared office space startup naked Hub for US$400 million according to sources close to the deal. The acquisition price for the deal will be settled by a combination of cash and equity. The two companies are reportedly planning to make the formal announcement tomorrow. A representative for WeWork based in Singapore declined to comment on the news in an email message sent to China Money Network. This would be the …
WeWork China To Acquire Chinese Co-Working Firm Naked Hub For $400M appeared first on China Money Network.
