April 25, 2018 10:15 AM ET

Real Estate Management and Development

Company Overview of naked Hub

Company Overview

naked Hub operates a network of co-working spaces to freelancers, start-ups, SMEs, and MNCs in China and Vietnam. Its amenities include meeting rooms with various amenities. The company was founded in 2016 and is based in Shanghai, China.

328 Hunan Lu

Shanghai,  200031

China

Founded in 2016

Phone:

86 21 3356 5911

Key Executives for naked Hub

naked Hub does not have any Key Executives recorded.

naked Hub Key Developments

WeWork Reportedly Eyeing naked Hub

WeWork Management LLC is seeking to buy naked Hub to boost its footprint. Bloomberg earlier reported that WeWork would pay about $400 million for the Shanghai-based firm. WeWork did not provide financial details of the deal, while Naked Hub did not respond to requests for comment about the size of the transaction.

Naked Hub Eyeing Gravity Coworking

Naked Hub may acquire stake in Gravity Coworking Pty Ltd. According to a China Money Network report, naked Hub is planning to purchase a stake in Gravity Coworking. The report quoted Jonathan Seliger, Chief Executive Officer of naked Hub, as saying that the deal “will bring together two proven innovators in the Asia-Pacific co-working space, and lays the groundwork for continued rollout across the region and the globe”. No financial details of the planned acquisition were disclosed.

naked Hub Mulls Listing

naked Hub intends to pursuing listing in Hong Kong. “A few years down the line we’ll go public probably in Hong Kong,” Grant Horsfield, founder and Chairman of naked Group, the parent of naked Hub, said in an interview. “There will be a D-round (fundraising) at some point next year, but that’ll be the final amount we’re raising until we go public.” The company said it was too early to give an estimate of the size of the offering at this stage.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 31, 2018
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Merger/Acquisition
July 18, 2017
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