SoftBank-backed WeWork said to acquire China’s Naked Hub for $400m

SoftBank-backed WeWork said to acquire China’s Naked Hub for $400m

Pedestrians pass outside a shared office space, operated by WeWork Cos Inc., in London, U.K., on Monday, Aug. 14, 2017. Photographer: Jason Alden/Bloomberg via Getty Images

WeWork Cos. is buying Chinese co-working startup Naked Hub as part of a continued expansion in the world’s most populous country, according to people familiar with the deal.

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