58.com Chongqing Branch

Company Establishment 58.com was established in December 2005, with Yao Jinbo currently serving as President and CEO. After eleven years of development, 58.com has grown into a life service platform covering all sectors. Company Listing On October 31, 2013, 58.com was officially listed on the New York Stock Exchange, marking 58.com's successful entry into the U.S. capital market as a listed enterprise in the life services sector. Company Value Over the past eleven years, relying on people's rapidly growing daily life needs, 58.com has upheld the vision of 'a life service platform trusted by everyone' and the core values of 'users, proactive collaboration, simplicity and trustworthiness, entrepreneurial spirit, learning and growth,' tirelessly pursuing technological innovation and in-depth development of service categories, committed to continuously providing users with 'local, free, authentic, and efficient' life services. Core Business As a life service platform covering all sectors, 58.com's business covers recruitment, real estate, automobiles, finance, second-hand goods, and local services, among other areas. At the user service level, it is not merely an information interaction platform, but a one-stop life service platform. It has also progressively established comprehensive marketing solutions for merchants. With business distributed across local classified information and life services, 58.com has built a comprehensive service network for direct contact with local merchants. As of Q3 2016, 58.com had established 30 branches nationwide and built online platforms in 465 cities. This highlights 58.com's commercial advantages of localization, broad coverage, and greater professionalism, further gaining recognition from clients and users, with 1.228 million quarterly paying members and over 10 million quarterly active local merchants.