Venture-Backed 58.Com Acquires Anjuke For $267M

Login to View

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 Anjuke.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in


RELATED NEWS