58com
“Chinese Craigslist” 58.com acquires real estate site Anjuke for $267 million
Chinese C2C listings site 58.com has splashed US$267 million on real estate C2C site Anjuke.
Tencent now has 24% stake in 58.com, China’s answer to Craigslist
Tencent has paid over US$830 million to accumulate this stake in 58.com, which is China’s answer to Craigslist.
China’s Craigslist launches IPO, hits NYSE higher than expected at $22 per share
58.com (NYSE:WUBA), China’s top online classifieds site, has hit the New York Stock Exchange today for the first time. After initially targeting listing at $13.00 to $15.00 per share before
China’s Craigslist set for US IPO next week, will raise up to $190 million
China’s biggest online classifieds site – with 130 million monthly unique users – is ready to IPO in the US. 58.com (58同城 in Chinese, which is actually ‘58City’) is set
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