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China Stocks: China’s largest classified information website 58.com (WUBA) (2005)

58.com (NYSE: WUBA) was established in Beijing, China in December 2005 to provide users with “local, free, real and efficient” life services. Its services cover all areas of life, and provide a variety of life information such as housing rental and sales, job hunting, business yellow pages, second-hand goods trading, second-hand car trading, pets, ticketing, travel, making friends, dining and entertainment. Up to now, 58.com’s website content has covered 380 cities across the country.

wuba logo

58 WUBA Enterprise Introduction:

In June 2014, 58.com officially reached a strategic investment cooperation with Tencent Holdings. The two parties will conduct in-depth cooperation in the field of mobile internet and other key product lines to jointly improve product features and user experience.

Up to now, 58.com’s website content has covered about 380 cities across the country. Every day, 58.com responds to massive information service requests from all over the country. Every user can find the local life services they need in the shortest time through 58.com’s huge and meticulous service system.

In terms of product research and development, 58.com has been committed to listening to users’ voices and digging into users’ potential needs. Under the corporate mission of “making people’s lives easier through the Internet”, 58.com provides housing rentals and sales, job hunting, second-hand goods, and second-hand products. Cars, second-hand houses, business yellow pages, pet ticketing, travel and dating, catering and entertainment and other life services. The various life service needs of users are gathered on 58.com, an efficient platform. 58.com is not only an information interaction platform, but also a one-stop life service platform.

In addition to meeting the needs of users for a convenient life, 58.com also provides a cost-effective and efficient integrated marketing and promotion platform for various businesses. Based on the VIP service of NetLincom, we provide various promotion products such as precision promotion, intelligent promotion, and top promotion.

In 2012, 58.com took the lead in launching the “Consumer Protection Plan” in the industry. It is a standardized system built by 58.com for the entire process of information security, fund security, and trustworthiness from consumers seeing information to completing transactions. Process”. In the future, 58.com will gradually implement a consumer protection mechanism in all product sections, so that 58.com’s life service platform will protect consumers to an unprecedented level in the industry, and users will be more assured and worry-free when making transactions.

On July 23, 2015, 58.com held a press conference in Beijing to reveal the integration situation after the acquisition of ChinaHR.com . 58.com is expected to invest 1 billion yuan to support the development of ChinaHR.com. The overall goal is to make ChinaHR.com the No. 1 in the industry within 3 years. One.

58 WUBA investment reference in the same city:

58.com was listed on the New York Stock Exchange on October 31, 2013, with the stock trading code WUB. This indicates that 58.com has successfully landed in the US capital market and has become a listed company in the field of classified information in China!

About 58- http : //about.58.com/home/

Snowball US Stocks- http : //xueqiu.com/S/WUBA

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