Zhuan Zhuan operates an online marketplace for trading used goods, serving peer-to-peer and consumer transactions. The platform is run as a consolidated subsidiary of 58.com. In December 2019 it secured a $300M Series B financing for the subsidiary. Backers in the round included Tencent and existing investors of Zhuan Zhuan. 58.com will remain the majority shareholder following the transaction. The deal was expected to close in the fourth quarter of 2019 and was subject to customary closing conditions.

Total raised

$300M

Funding rounds

1

Latest round

Series B

Latest activity

Sep 2019