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58.com's Overview

Total employees5847
HeadquartersBeijing
Founded

58.com, also known as Wuba (五八同城), is China's largest online marketplace for classified advertisements and local services. It provides a comprehensive platform enabling users to discover, connect, and transact for a wide array of needs, including real estate (rentals and sales), job recruitment, second-hand goods, automotive sales, home services, business services, and more. Functioning as a vast digital 'Yellow Pages' and community hub, 58.com connects millions of local consumers with merchants, aiming to make daily life simpler and more efficient across hundreds of Chinese cities.

Where is 58.com's Headquarters?

58.com office58.com office58.com office58.com office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the nerve center for 58.com, housing key departments like executive management, strategic planning, product development, engineering, national marketing, and corporate functions.

Notable Features:

Modern office facilities designed to promote collaboration and efficiency, likely featuring open-plan workspaces, advanced IT infrastructure, and various employee amenities typical of a leading internet company.

Work Culture:

Characterized by a fast-paced, innovative, and user-focused environment. Employees are part of a dynamic culture that emphasizes technological advancement, market responsiveness, and teamwork to serve China's vast internet user base.

HQ Significance:

The Beijing HQ is crucial for steering 58.com's national strategy, driving platform innovation, and coordinating its extensive operations across China, solidifying its leadership in the competitive online local services market.

Values Reflected in HQ: The headquarters environment likely embodies 58.com's core values of user-first principles, innovation, efficiency, and connecting communities through accessible technology.

Location:

58.com's operations are predominantly focused on Mainland China, where it serves a vast domestic market. While its services are primarily tailored for Chinese users and businesses, its influence in the online classifieds sector is recognized internationally. The company was previously listed on the New York Stock Exchange (NYSE: WUBA), indicating international investor engagement before it was taken private in 2020. Direct consumer-facing international expansions are not a primary focus, with efforts centered on deepening its presence within China.

Street Address:

Building 101, Zone B, Electronics City International Headquarters, No. 10 Jiuxianqiao North Road

City:

Beijing

State/Province:

Beijing

Country:

China

58.com's Global Presence

Shanghai, China

Address: Building A, No. 2570 Hechuan Road, Minhang District, Shanghai

To enhance 58.com's market penetration and service delivery in Eastern China, one of the country's most significant economic zones. It aims to strengthen partnerships with local businesses and cater effectively to the diverse needs of users in this key metropolitan area.

Buying Intent Signals for 58.com

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of 58.com

As of April 2025, 58.com' leadership includes:

Yao Jinbo (Michael Yao) - Founder, Chairman and Chief Executive Officer
Liang Jian - Chief Technology Officer (CTO), 58 Group
Xing Hongyu (Vincent Xing) - Co-President (often associated with key business groups like Anjuke)

Investors of 58.com

58.com has been backed by several prominent investors over the years, including:

Tencent Holdings
Warburg Pincus Asia LLC
General Atlantic Singapore Fund Pte. Ltd.
Ocean Link Partners Limited

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

As 58.com operates as a privately held company, detailed announcements regarding C-suite executive movements are not consistently made public. Over the past 12 months, there have been no widely reported major changes (hires or exits) at the highest executive levels. The company continues to be led by its founder, Yao Jinbo, with a stable core leadership team focusing on strategic growth within China's digital economy.

Technology (Tech Stack) used by 58.com

Discover the tools 58.com uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

58.com Email Formats and Examples

58.com likely uses standardized email formats for its employees, typically incorporating employee names in Pinyin. While exact internal conventions are not publicly detailed, common patterns in large Chinese tech companies include variations of [name]@[companydomain].com.

[firstnamelastnameinitial]@58.com (e.g. pinyin name)

Format

yaoj@58.com

Example

70%

Success rate

News and media

PR NewswireMay 28, 2024

58.com & Anjuke Showcased AI-Powered Real Estate Solutions at 2024 PPAR Singapore

58.com and its real estate platform Anjuke presented their latest AI-driven innovations at the Property Portal Accelerate Rethink (PPAR) conference in Singapore. The showcase included AI-generated content for property listings, virtual tours, and AI tools for real estate agents, highlighting their commitment to leveraging technology in the property sector....more

Yahoo Finance (citing PR Newswire)February 7, 2024

58.com Reports Surge in Demand for Domestic Services Ahead of Chinese New Year

58.com observed a significant increase in user demand for various domestic and lifestyle services, such as home cleaning and pet care, in the lead-up to the Chinese New Year. This trend underscores the platform's integral role in facilitating local services during peak seasons....more

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