Chinese online classifieds service Ganji recently announced a new US$200 million financing round from U.S.-based Tiger Fund and The Carlyle Group. The company has raised nearly US$200 million of financing in previous five rounds since its establishment in 2005.

According to the company, the funds will be used in R&D, especially in mobile sector, O2O business, snapping up more market shares in local services, as well as strengthening marketing and channel management.

Different from previous conservative attitude towards IPO, Ganji, which lists various information ranging from job recruitment, housing and local services, also announced that it is preparing to go public in June next year.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.