Warburg Pincus cancels plan to invest $500m in China's Lianjia: Report

Warburg Pincus cancels plan to invest $500m in China's Lianjia: Report

Beijing, China. Photo: Tom Winckels/Unsplash

Beijing-based online-to-offline real estate agency Homeline Real Estate Agency Co, also known as Lianjia, has lost a potential $500-million investment after private equity giant Warburg Pincus LLC has cancelled its plan to join the Chinese firm’s funding round.

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