Lianjia: Tencent, Warburg Pincus Said Investing $1.5B in Lianjia- Mingtiandi

Lianjia CEO Zuo Hui Chinese Internet giant Tencent is planning to invest $1 billion into Lianjia, as part of a $2 billion financing round in preparation for a future IPO by China's largest real estate brokerage, according to a report in the Wall Street Journal. In addition to Tencent, American private equity firm Warburg Pincus [...]The post Tencent, Warburg Pincus Said Investing $1.5B in Lianjia- Mingtiandi appeared first on US-China Investment News | Finance, Tech & Real Estate.