CHINA MONEY NETWORK HAS LEARNED THAT THIS DEAL HAS BEEN CANCELLED
— THE STORY BELOW IS ONLY FOR RECORD KEEPING —
Chinese co-working start-up naked Hub, a private equity-backed unit under Chinese resort brand naked, has agreed to merge with Singapore-based peer JustCo. The merger aims to create the largest premium co-working operator in Asia to better compete against WeWork, the world’s biggest co-working company, boasting a US$20 billion valuation.
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