China: Tencent to invest $200m in 58.com’s used goods platform Zhuan Zhuan

Tencent company name is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip

Chinese tech giant Tencent has signed an agreement to invest $200 million in cash in Zhuan Zhuan, a used goods trading platform operated under 58.com Inc., China’s largest online market place.

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