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58.com's Zhuan Zhuan to Acquire Used Handset Trading App Zhaoliangji

58.com, 4/07/20

Chinese online classifieds site 58.com (NYSE: WUBA) today announced that Zhuan Zhuan, an online used goods trading platform and a consolidated subsidiary of 58.com, has entered into definitive agreements to acquire a 100% equity interest in the operator of second-hand mobile phone trading app Zhaoliangji. Read More

Co-working Space MyDreamPlus Raises USD 120 Mln Series C Funding

iFeng, 8/13/18

Co-working space brand Mydream Plus (Mydream+) recently announced completion of USD 120 mln Series C funding led by Hillhouse Capital Management and General Atlantic with participation by prior-round investors Joy Capital, Ocean Link, M31 Capital, and China Renaissance K2 Ventures (K2VC). Read More

Tencent Joins RMB 4 Bln Round in Long-term Apartment Leasing Service Ziroom

The Paper, 1/16/18

Beijing-based Ziroom Shenghuo Asset Management, operator of online O2O long-term apartment leasing service Ziroom.com, recently announced completion of RMB 4 bln in Series A funding led by Warburg Pincus, Sequoia Capital China, and Chinese internet and mobile services firm Tencent (0700.HK). Read More

Rumor: Meituan Lands USD 700 Mln Series D

DoNews, 12/22/14

According to industry sources, Chinese group buy site Meituan has landed USD 700 mln in new funding led by long-term investor Sequoia Capital. Read More

Telstra: Soufun to IPO by Year-End

Sina Tech, 8/13/10

Australian telecom operator Telstra has announced that private equity firms General Atlantic and Apax Partners have agreed to underwrite Chinese real estate search engine Soufun's planned IPO. Read More

Huawei Shortlists 5 Bidders for Mobile Device Unit

Dow Jones Newswires, 7/22/08

Sources familiar with the situation have stated that the sale of the mobile device unit of Chinese telecom equipment manufacturer Huawei has been narrowed down to a short-list of 5 bidders, two of which are consortiums. Read More