Tencent and Baidu were among the investors in a series B round that will help the real estate services company, valued at $6.2bn, beef up its online presence.
China-based real estate services provider Lianjia has raised RMB 6bn ($927m) in a series B round featuring internet companies Tencent and Baidu, China Money Network reported today citing local media reports.
The round was led by Huasheng Capital, a private equity fund managed by merchant bank China Renaissance Partners, and values Lianjia, also known as Homelink, at $6.2bn, Bloomberg reported yesterday. Lianjia has not disclosed details of earlier external funding.
Founded in 2001 as a bricks-and-mortar estate agent, Lianjia now…
