58.com, China’s Largest Classifieds Site, Acquires Rival Ganji.com
April 20, 2015 at 07:45 AM EDT
58.com, China’s largest classified site by monthly unique visitors, has acquired rival Ganji.com. Beijing-based 58.com forked over $412.2 million in cash as well 34 million newly issued shares for a 43.2 percent stake in Ganji.com. Read More