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New Deal


Announced

Completed

58.com to merge with Quantum Bloom Group and Quantum Bloom Company for $8.7bn.

Synopsis

58.com, a local life service platform, completed the merger with Quantum Bloom Group and Quantum Bloom Company for $8.7bn. The company will be acquired by a consortium of investors including Warburg Pincus Asia, General Atlantic, Ocean Link Partners and Internet Opportunity Fund.

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