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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

Tencent, 58.com Partner to Establish Unified House Listings Platform

Beijing Daily, 12/23/16

Chinese internet and mobile services firm Tencent (0700.HK) has announced plans to work with online classifieds site operator 58.com (NYSE: WUBA) to launch Tengcheng Real Estate Platform, a single platform that will bring together the second-hand housing listings from 58.com-operated websites 58.com, Anjuke.com, and Ganji.com, along with some listings for new housing. Read More

Anjuke Invests RMB 200 Mln on R&D, to Postpone IPO

Netease Tech, 8/10/10

Online real estate firm Anjuke said that it will invest RMB 100 mln each in subsidiaries Aifang.com and Haozu.com for technology development and employee recruitment in order to speed up the two companies' expansion. Read More