China’s 58.com Acquires $164M Stake In Rental Brokerage Company 5I5J

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Chinese online market place for classifieds ads 58.com Inc. announced that it had acquired a minority stake of 8.28% in 5I5J Holding Group Co., Ltd, a Shenzhen-listed Chinese secondary and rental brokerage company for RMB1.1 billion (US$164 million) in cash.

China Money Network

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