Lianjias's online real estate brokerage spinoff has secured $1.2bn at a reported $9.5bn valuation, with Tencent leading the round.

Internet group Tencent has invested $800m to lead a series D round for China-based real estate brokerage Ke.com sized at almost $1.2bn that included $50m from property developer Country Garden, Sohu has reported.

Private equity fund manager Gaw Capital Partners supplied $100m for the round while venture capital firm Gaochun Capital invested $80m, Source Code Capital $52m, New Horizon $30m, China Renaissance unit Huaxing Capital $20m and Strait Capital $5m.

The round was filled out by undisclosed additional investors who…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.