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Announced

Completed

58.com completed a $71m investment in Daojiale.com.

Synopsis

58.com, an online marketplace, completed a $71m investment in Daojiale.com, an online real estate agent. The investment will help Daojiale.com expand market presence and advance its capabilities in the fields of real estate brokerage, management of new and second-hand residential properties, and expansion of real estate listing information, seeking to build it into a one-stop online intelligent real estate agent in southwestern China.

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