M&A Deal Summary

58.com Acquires Anjuke

On March 1, 2015, 58.com acquired internet software and services company Anjuke for 267M USD

Acquisition Highlights
  • This is 58.com’s 1st transaction in the Internet Software and Services sector.
  • This is 58.com’s largest (disclosed) transaction.
  • This is 58.com’s 1st transaction in China.

M&A Deal Summary

Date 2015-03-01
Target Anjuke
Sector Internet Software and Services
Buyer(s) 58.com
Deal Type Add-on Acquisition
Deal Value 267M USD

Target

Anjuke

Shanghai, China
website
Anjuke is an online real estate sales and renting service provider in China. Anjuke offers listing services for buyers and owners of primary and secondary residential and commercial properties as well as real estate agents. Anjuke's platform covers 67 cities in China and provides real estate agents with an effective online marketing platform.

Search 193,448 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

58.com

Beijing, China

website


Category Company
Founded 2005
Sector Internet Software and Services
Revenue 13.1B CNY (2018)
DESCRIPTION

58.com operates an online marketplace serving local merchants and consumers, as measured by monthly unique visitors on both its website and mobile applications. 58.com was founded in 2005 and is based in Beijing, China.


DEAL STATS #
Overall 1 of 3
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 3
Year (2015) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-09 To8to

Shenzhen, China

To8To is an online interior decoration service platform that connects home owners with interior decoration companies, designers and construction material providers. To8to also offers offline construction supervision, and 'ZhuangXiuBao,' a product in the form of escrow funding that protects consumers' rights and ensures quality renovations.

Buy -