recent field of domestic financing transactions classified information continuously,best gps receiver, and 58 city business network is also similar to go to the market in May this year, access to Nokia Growth Partners venture capital fund and BlueRun about 2,angelo bridesmaid dresses,000 million U.S. dollars joint venture, in addition to east China Regional classifieds site network also announced that people get the benchmark capital (Benchmark Capital) of the equity investment, but did not alter the pattern of 58 leading city.
industry veteran, said its financing can still continue to see all of the site should still are in a state of huge losses, because the classified information site primarily to provide services free of charge for users, and provide some value-added services to rely on the charges, the industry relies on its 58 city generally considered the largest flow is already in the commercialization of leading, but apparently still can not support the cost of its operations,ck watch men, despite the support of the capital, the ultimate success of classified information can still field a long way to go.
Previously, 58 city there are plans to seek listing in two years. The industry believes that, given the classified information is an asset-light heavy industry workers, the financing of 6,000 million U.S. dollars has been considered the larger-scale financing,ipad tablet cases, I believe the future will be in 58 markets will be super human and conventional inputs. But this round of financing the cost of 58 is also expensive, if true, financing up to 40% dilution, so a high price on the one hand shows its determination to classified information of the market, but also shows its face financial pressure.
58 city, President Yao Jinbo
】 【TechWeb News December 9, according to sources, the domestic well-known classifieds site, completed a third round of 58 city finance, finance a record amount of 6,dresses wedding,000 million, after financing valuation of more than 150 million U.S. dollars, which is the second announced in March this year the site received millions of dollars DCM investment grade financing, the completion of the second financing,christmas wreaths ideas, the site had received more SAIF earlier 500 million in venture investment.
TechWeb to confirm the matter to the 58 city areas, has yet to receive a reply. (Satisfying)
this round of financing, the management team remains a large shareholder, Yao Jinbo has repeatedly said in public, the best investment is to invest themselves in the future will not rule out further investment in the name of the individual 58.
It is rumored that 58 city this round of financing by the U.S. investment arm of the famous Warburg Pincus (Warburg Pincus) lead investor, founder of Yao Jinbo 58 individuals with the city voted more than 500 million U.S. dollars. Yao Jinbo, in its participation in another company founded by a large school of education in the United States last month, successfully listed on the NYSE after the $ 180,000,000 financing, personal re-investment of 58 city,iphone4 dock, but also reflect his dedication to the field of classified information and good.
Warburg Pincus was established in 1971,bracelet watch, funds under management total more than 30 billion U.S. dollars. The nature of the investment from the group perspective,christmas sexy lingerie, both companies make strategic acquisitions, but also to carry out risk investment. Warburg Pincus since 1994 to expand the investment business in China is the largest investment in one of.
Previously, Warburg Pincus has already more than 140 technology companies invested about 50 billion U.S. dollars, and its risk investment style is as long as sights industry, will invest heavily in occupation of the entire industry, and often investment projects will continue its financing capacity. According to the sources, Warburg Pincus will own more than 30% of the 58 city of the shares and promised to continue in the next two years, reinvested billion.
> Related: 58 city plans to do by the end of spin-off platform for business transformation buy 58 city Yao Jinbo: classifieds site, need to focus this year on revenue of 58 billion city will impact next year,kitchen scale, inclusive City
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