China Carlyle

Carlyle invests in China’s Ganji.com

The US private equity firm has made a minority investment in a classified ad website in China.
Ganji.com CEO Mark Yang
Ganji.com CEO Mark Yang

Carlyle said it has made a minority investment in Ganji.com, 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, Ganji.com is like a mini Craigslist and provides a range of listings across a service categories, including job recruitment, housing, second-hand goods, vehicle trading, pet services, ticketing and speed-dating to over 350 cities in China.

It displays postings from small and medium enterprises, real estate agents and...

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