US$20m injection
June 2, 2010, Wednesday
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Print Edition
Print Edition
GANJI.COM announced yesterday it has secured US$20 million investment from Nokia Growing Partners and BlueRen Ventures to help it expand into second and third tier cities.
The Website, which provides local category information, is also hoping to strengthen its presence in wireless Internet services.
In April, its domestic rival 58.com secured US$15 million in its second round of funding from DCM and SAIF Partners as competition in this area heats up with increasing demand for category information from domestic net users.
(Ding Yining)
The Website, which provides local category information, is also hoping to strengthen its presence in wireless Internet services.
In April, its domestic rival 58.com secured US$15 million in its second round of funding from DCM and SAIF Partners as competition in this area heats up with increasing demand for category information from domestic net users.
(Ding Yining)
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