58 with the city to 34 million U.S. dollars cash plus resources of the way to buy home decoration O2O Company Rabbit

Absrtact: 58 with the city announced today, with 34 million of dollars in cash and resources to buy shares in the company O2O Rabbit, a minority stake, 58 did not disclose the proportion of specific shares. It is reported that the Turkish Rabbit will announce its C-round financing news in Thursday. Tu-ba rabbit decoration net in 2009

58 with the city announced today, with 34 million of dollars in cash and resources to buy shares in the home O2O company Rabbit, won a minority stake, 58 did not disclose the proportion of specific shares. It is reported that the Turkish Rabbit will announce its C-round financing news in Thursday.

Tu ba rabbit decoration net in June 2009, is a third-party platform for owners, decoration companies, designers and building materials providers, launched the "Decoration housekeeper", "Decoration Experience Museum" and other apps, allegedly more than 3.5 million users. Owners can customize the search conditions, view the relevant availability of the decoration design, 3D interactive model, you can also release the demand for free decoration, from customer service to provide the decoration company list to make the choice, in addition, the rabbit also provides a similar payment treasure of the free third-party Supervision services "decoration insurance." On the platform of Tu-ba rabbit, there are nearly 60,000 decoration companies and 700,000 interior designers in 80 major cities nationwide, and the cumulative service exceeds 6 million decoration owners.

In 2011, the Rabbit was awarded a round a financing of millions of U.S. dollars, and in June 2013, it received the latitude and longitude additional investment. February 2014, the Rabbit won the Sequoia Capital, Jingwei Chong investment with the billion Yuan B round of financing.

Lei recently stressed that should not be called Millet home, Yushun for investment, "love space" has aroused the attention of all walks of life to install O2O. The difference is that the rabbit is connected to many platforms, and "Love Space" is the main 699 yuan/㎡,20 days completed, to provide one-stop home decoration solutions.

58 the city at the beginning of this year, has announced several successive investment mergers and acquisitions. Late February 58 wholly-owned acquisition driver Test platform a little pass, early March, 58 and in cash plus stock way, 270 million U.S. dollars to buy real estate rental site tenants. 58 will continue to innovate O2O Business 58 Home "self-revolution", by the end of November last year, 58 home has covered 30 cities, and is expanding the business category.