Chinese Internet services giant Tencent Holdings Ltd. has agreed to invest US$736 million in New York Stock Exchange-listed Chinese Craigslist-like platform 58.com Inc. to take an approximately 19.9% equity interest in 58.com on a fully-diluted basis, according to a joint announcement. Tencent has agreed to purchase 36,805,000 class A and B ordinary shares at a […]
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