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58.com Inc (WUBA.N)

WUBA.N on New York Stock Exchange

39.58USD
28 Apr 2017
Change (% chg)

$0.21 (+0.53%)
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$39.37
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Volume
135,169
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Latest Key Developments (Source: Significant Developments)

58.com Q4 non-gaap diluted losses per ADS $0.005
Monday, 27 Feb 2017 05:00pm EST 

58.Com Inc : 58.Com reports fourth quarter and fiscal year 2016 unaudited financial results . Q4 revenue rose 28.5 percent to RMB 2.095 billion . 58.Com Inc qtrly total revenues were US$306.6 million, a 28.5% increase . Qtrly diluted losses per ADS attributable to ordinary shareholders were US$0.136 . Qtrly non-gaap diluted losses per ADS attributable to ordinary shareholders were US$0.005 . 58.Com Inc - total revenues for Q1 of 2017 are expected to be between RMB1,785 million and RMB1,855 million, or US$255.0 million and US$265.0 million . Q1 revenue view $257.3 million -- Thomson Reuters I/B/E/S . Q4 earnings per share view $-0.12, revenue view $302.1 million -- Thomson Reuters I/B/E/S .Qtrly total revenues were US$306.6 million representing an increase of 28.5%.  Full Article

Guazi completes another round of financing
Wednesday, 28 Sep 2016 07:30am EDT 

58.Com Inc : Guazi completes another round of financing .Following closing, 58.com holds a 34 pct stake in Guazi on a fully diluted basis.  Full Article

58.com qtrly non-gaap earnings per ads attributable to ordinary shareholders $0.15
Wednesday, 17 Aug 2016 08:00pm EDT 

58.Com Inc : Q2 revenue $297.8 million versus i/b/e/s view $303.4 million . 58.com reports second quarter 2016 unaudited financial results . Sees q3 2016 revenue rmb 2.03 billion to rmb 2.08 billion . Qtrly diluted earnings per ads attributable to ordinary shareholders were $0.10 .Qtrly non-gaap diluted earnings per ads attributable to ordinary shareholders were $0.15.  Full Article

58.com exchanges its ownership in Mayi for shares in Tujia
Thursday, 23 Jun 2016 09:20am EDT 

58.Com Inc : 58.com exchanges its ownership in Mayi for shares in Tujia . Says has divested all its 65.7% stake in mayi in exchange for a minority stake in tujia .Co will acquire additional Tujia shares by investing online traffic resources, as well as us$10 million in cash and a us$2 million bridge loan for Mayi.  Full Article

58.com says Dong Yang resigned from his post on board of directors
Wednesday, 25 May 2016 06:45am EDT 

58.Com Inc : 58.com announces director resignation and changes to board committees . Dong Yang has tendered his resignation as a director on board of directors of 58.com effective May 25 .Board has appointed Chi (Eric) Zhang as member of audit committee of board and chairman of compensation committee also effective May 25, 2016.  Full Article

58.com Inc Subsidiary 58 Home raises $300 million in series A funding
Monday, 12 Oct 2015 06:50am EDT 

58.com Inc:Subsidiary 58 home raises $300 million in series a funding.Says following the completion of this series a equity funding, 58.com will maintain majority ownership of 58 home.Signing of definitive shares subscription agreement for a $300 million series a equity funding round for 58 daojia inc.Says with the proceeds from funding values 58 home at over $1 billion on a fully-diluted basis post-investment.Says 58 home will also explore investment opportunities in new startups and business ventures in China's home services market.Definitive shares subscription agreement for 58 daojia with participation from Alibaba Group global investment firm KKR, ping an group.  Full Article

58.com Inc gives Q2 2015 revenue outlook above analysts' estimates
Monday, 25 May 2015 08:00pm EDT 

58.com Inc:Expects Q2 2015 total revenue to be between $145.0 and $150.0 million.Q2 2015 revenue of $122.0 million - Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

BRIEF-58.com announces agreement to raise $200 mln from Tencent

* 58.com announces agreement to raise US$200 million from Tencent for development of used goods trading platform Zhuan Zhuan