58.com

58.com is a Chinese classified advertisements website enabling local merchants and consumers to publish information and advertise their service offerings in local communities.

58.com’s package includes target consumer group identification, services and products advertising, online marketing service, and customer relations management. Its aim is to provide a forum for the low income and jobless group. As the biggest online classifieds publisher, 58.com provides free, localized and credible information for voluntary users.

Founded on December 12, 2005, and headquartered in Beijing, 58.com is China's for-profit version of Craigslist in the United States. It received $25 million in funding as investments from Softbank Asia Infrastructure Fund (SAIF) partners and DCM. It began trading on the New York Stock Exchange on October 31, 2013.

As of November 2010, 58.com has set up branches in 32 cities, with 6,500 full-time staff serving over 50 million registered users. The site’s user base continues to grow, with more than 50,000 new users added per day. The average number of page views per unique visitor per day is 10, with 1 million posts per day. Due to its increasing website traffic volume and number of unique visitors and page views, 58.com is ranked the first among local life service websites. Its main competitors include Ganji.com and Baixing.com.

58.com, established in 2005 and headquartered in Asia., specializes in Late Stage Venture, Early Stage Venture, Seed investments across Internet, Consulting, Home Decor, Interior Design, Furniture, Financial Services, Venture Capital, Finance, Consumer, Transportation. The organization boasts a portfolio of 31 investments, with an average round size of $67.4M and 1 successful exits. Their recent investments include To8to, Sequoia Capital, Matrix Partners China, eDaijia, Matrix. The highest investment round they participated in was $43.7B. Among their most notable exits are To8to and Sequoia Capital. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.