China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Venture-Backed 58.Com Acquires Anjuke For $267M
Aggregated Source: China Money Network
New York Stock Exchange-listed Chinese Craigslist-like platform 58.com Inc., backed by private equity firms Warburg Pincus and SAIF Partners, has acquired Shanghai-based real estate listing platform Anjuke for approximately US$267 million, according to an official announcement. 58.com has issued about five million new ordinary shares and paid another US$160 million in cash to acquire 100% of […]


Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network