58.com Overview

  • Founded
  • 2005
Founded
  • Status
  • Private
  • Employees
  • 22,916
Employees
  • Latest Deal Type
  • Buyout/​LBO
  • Investors
  • 3

58.com General Information

Description

58.com Inc through its subsidiaries is engaged in the operation of an online marketplace. The company serves the local merchants and consumers in the People's Republic of China. Its online marketplace enables local merchants and consumers to connect, share information and conduct business. Its online marketing activities consist of paid marketing through internet navigation sites and various popular search engines in China and display advertisements. The company's offline marketing activities include traditional mainstream media such as television, billboard, direct mailing advertisements, public relations activities, as well as sponsored events to increase its visibility and promote its brand.

Contact Information

Website
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Primary Industry
Media and Information Services (B2B)
Other Industries
Internet Retail
Primary Office
  • Building 101, A 10-201, Yard 10
  • Jiuxianqiao North Road
  • Beijing, Chaoyang District 100015
  • China
+86 140 0000 0000

58.com Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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58.com Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
14. Buyout/LBO 18-Sep-2020 00.000 00.00 Completed Profitable
13. PIPE 14-Feb-2020 00000 00.000 00.000 Completed Profitable
12. PIPE 10-Feb-2020 00000 00.000 00.000 Completed Profitable
11. PIPE 24-Jan-2020 00000 00.00 00.000 Completed Profitable
10. Secondary Transaction - Open Market 00.000 Completed Profitable
9. PIPE 09-Dec-2016 00.000 Completed Profitable
8. PIPE 17-Apr-2015 00000 00.000 00.000 Completed Generating Revenue
7. PIPE 27-Jun-2014 00000 00000 00.00 Completed Generating Revenue
6. Secondary Transaction - Open Market 28-Mar-2014 $262M $231M 00.000 Completed Generating Revenue
5. IPO 31-Oct-2013 $215M $231M 00.000 Completed Generating Revenue
To view 58.com’s complete valuation and funding history, request access »

58.com Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
58.com Inc through its subsidiaries is engaged in the operation of an online marketplace. The company serves the local m
Media and Information Services (B2B)
Beijing, China
22,916 As of 2018
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00000000 000000
Sunnyvale, CA
000 As of 0000
000.00
000000000 - 000.00

0000 000

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00000 000 00000000000 00000000 (000)
Nairobi, Kenya
00 As of 0000
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58.com Competitors (10)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BorderX Lab Venture Capital-Backed Sunnyvale, CA 000 000.00 000000000 - 000.00
0000 00000 Private Equity-Backed Nairobi, Kenya 00 000000000000
000 Formerly VC-backed New York, NY 0000 000.00 000000&0 000.00
00.000 Formerly VC-backed Beijing, China 000000 00.000 00000000000 00.000
00000000000 00000 Corporate Backed or Acquired Mumbai, India 00 000000&0
You’re viewing 5 of 10 competitors. Get the full list »

58.com Executive Team (9)

Name Title Board Seat Contact Info
Xiaohua Chen Chief Executive Officer & Executive
Hao Zhou Chief Financial Officer
Wei Ye Chief Financial Officer
Hongyu Xing Chief Technology Officer
Minghui Xiang Chief People Officer
You’re viewing 5 of 9 executive team members. Get the full list »

58.com Board Members (5)

Name Representing Role Since
Frank Lin Self Board Member 000 0000
To view 58.com’s complete board members history, request access »

58.com Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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58.com Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Ocean Link Partners PE/Buyout Minority 000 0000 000000 0
General Atlantic Growth/Expansion Minority 000 0000 000000 0
Warburg Pincus PE/Buyout Minority 000 0000 000000 0
To view 58.com’s complete investors history, request access »

58.com Investments & Acquisitions (37)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 03-Dec-2020 0000 00000 Telecommunications Service Providers
000000 00 17-Sep-2020 000000000000000000 Human Capital Services
00000 00000 22-Jun-2020 00000 00000 00 Media and Information Services (B2B)
0000 (000 000000 0 24-Mar-2020 000000000000000000 00000 Business/Productivity Software 0000000 00000 000
Sweetome Group 03-Dec-2019 Corporate Real Estate Services (B2C)
You’re viewing 5 of 37 investments and acquisitions. Get the full list »

58.com Subsidiaries (5)

Company Name Industry Location Founded
Zhuanzhuan Internet Retail Beijing, China 2017
00 000000 Information Services (B2C) Beijing, China 0000
00000.000 Information Services (B2C) Beijing, China 0000
0000000.000 Consulting Services (B2B) Beijing, China 0000
00000 0000 000 Automotive Beijing, China
To view 58.com’s complete subsidiaries history, request access »

58.com Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000 01-Apr-2015 000000000000000000 Completed
  • 00.000
To view 58.com’s complete exits history, request access »