Select Page

Anjuke will continue to operate its website and mobile app under its own brand. Founded in 2007, Anjuke provides potential home buyers and renters services to search for primary and secondary real estate. It also enables developers and real estate agents to market their properties online. Its platform covers 67 cities in China and has 66 million unique monthly visitors. According to The Wall Street Journal, last year, more than a dozen property agencies including Deovolente and Homelink announced a boycott of China’s largest real estate Internet portal, SouFun, arguing that it charged unfair prices for listings on its website. SouFun disputes the accusations and said it is continuing to provide their customers with the best service. In January, Chinese real estate agency Century 21 China Real Estate was delisted by the New York Stock Exchange after it failed to maintain required market capitalization levels. The company has said the delisting won’t deter it from increasing its business. 58.com Inc. operates an online marketplace for local merchants and consumers in the People’’s Republic of China. Its web marketplace enables local merchants and consumers to connect, share information, and conduct business. The site contains local information covering approximately 380 cities under various content categories, including housing, jobs, used goods, automotive, pets, tickets, yellow pages, and other local services. It offers membership services, such as merchant certification and listing benefits, as well as display of online storefronts; and online marketing services comprising listing services, such as real-time bidding and priority listing, and marketing services through collaboration with third party Internet companies. The company’s marketplace also provides merchants with a marketing channel to reach a broad and targeted local consumer base. 58.com was founded in 2005 and is headquartered in Beijing.]]>