SoftBank reportedly invested $1bn in the online real estate brokerage as part of a $2.41bn round also featuring Tencent at a valuation of more than $14bn.
China-based real estate platform operator Beike Zhaofang has secured approximately $2.41bn in a series D-plus round that included telecommunications and internet conglomerate SoftBank and internet group Tencent, DealStreetAsia reported today.
Hedge fund manager Hillhouse Capital and venture capital firm Sequoia Capital China also contributed to the round, which closed in November 2019. SoftBank invested $1bn according to the Wall Street Journal, and the round valued Beike at just over $14bn.
Also known as Ke.com, Beike runs an online platform where…
