Ganji Completes USD 200 Mln Series E Funding

Sohu IT, 8/13/14

Beijing Yinxiu Weiye Science and Technology, operator of online classifieds website Ganji.com, has completed Series E funding of more than USD 200 mln from Tiger Global Management and the Carlyle Group. The funds will be used to strengthen the company's mobile product line, expand the range of products available on the site, and explore opportunities in the O2O space.

A spokesperson for Ganji.com says the website plans to list in the second half of this year or the first half of 2015.

Editor's Note: For more information on this topic, please see "Ganji Obtains USD Eight-Figure Funding," MD 3/12/12 and "Tencent Acquires 19.9% Stake in 58.com for USD 736 Mln," MD 6/27/14 issues.

Keywords: Internet funding online classifieds Ganji Carlyle Tiger Global O2O fifth-round Yinxiu Weiye

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