China's "sharing economy" boom might have been over-sold, but specific sectors retain great potential. A $120m funding round offers clues on how to carve out a share of the office market.
China's Jack Ma wannabes are desperate for hip, shared office space. US giant WeWork is buying rival Naked Hub to put it on the fast track to serve the booming start-up scene.
Hony Capital and parent company Legend Holdings plan to expand the US shared-office-space startup WeWork in China after leading its latest round of financing.