April 18, 2017 / 2:06 AM / 5 months ago

BRIEF-58.com announces agreement to raise $200 mln from Tencent

April 17 (Reuters) - 58.Com Inc

* 58.com announces agreement to raise US$200 million from Tencent for development of used goods trading platform Zhuan Zhuan

* Tencent will invest US$200 million in cash and additional business resources into new business group for a minority equity ownership

* 58.com will continue its direct traffic and other business support to Zhuan Zhuan entities Source text for Eikon: Further company coverage:

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