58.com, China’s Largest Classifieds Site, Acquires Rival Ganji.com

Chinese Yuan 58.com, China’s largest classified site by monthly unique visitors, has bought rival Ganji.com. Beijing-based 58.com forked over $412.2 million in cash as well 34 million newly issued shares for a 43.2 percent stake in Ganji.com. Read More

You can leave a response, or trackback from your own site.

Leave a Reply