Asia news roundup: WeWork buys Naked Hub, Warburg mulls Ant investment, and more

Photo credit: Eloise Ambursley / Unsplash

In today’s news, there were exciting times for co-working startups as one nabbed millions in investment, one unveiled a high-profile advisory council, and another was acquired by a big-name competitor.

Fintech

Warburg Pincus in talks to invest in Ant Financial’s pre-IPO round (China). The US private equity firm is reportedly planning to invest in Ant Financial, Alibaba’s fintech unit that runs Alipay. The round is expected to raise at least...

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