Despite heightened scrutiny of the industry, online housing platforms such as Beike and Ziroom continue to draw interest from investors and tech companies.
Warburg Pincus has pulled out of a USD 500 million investment in online-to-offline (O2O) real estate agency Lianjia ahead of the firm’s upcoming funding round. Lianjia had been targeting a USD 2 billion funding round which will give it a valuation of USD 13 billion.
