SoftBank reportedly invested $1bn in the online real estate brokerage as part of a $2.41bn round also featuring Tencent at a valuation of more than $14bn.

China-based real estate platform operator Beike Zhaofang has secured approximately $2.41bn in a series D-plus round that included telecommunications and internet conglomerate SoftBank and internet group Tencent, DealStreetAsia reported today. Hedge fund manager Hillhouse Capital and venture capital firm Sequoia Capital China also contributed to the round, which closed in November 2019. SoftBank invested $1bn…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.