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Beijing – 58.com, a
classified ads portal in China,
has raised $15 million in its second round of venture capital financing, JLM
Pacific Epoch reported, citing the local Sina.com news service.

New investor
DCM, and previous backer Softbank Asia Infrastructure Fund participated in the round.

Beijing-based 58.com has branches in 321 cities, and reportedly became
profitable in 2009.

 

Related Links:
http://www.jlmpacificepoch.com/newsstories?id=1623965_0_5_0_M

http://www.58.com

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