Carlyle invests in China’s

The US private equity firm has made a minority investment in a classified ad website in China.

Carlyle invests in China’s

Carlyle said it has made a minority investment in, an operator of online and mobile-based classifieds in China.

Equity for the investment came from its fund Carlyle Asia Partners IV, the US private equity firm said in a statement on Tuesday.

Further details of the transaction were not disclosed.

Founded in 2005, is like a mini Craigslist and provides a range of listings across a service...

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