How much funding has 58.com raised?

58.com has raised $807.0M in total funding, most recently a Corporate Round.

Who are 58.com's investors?

58.com's investors include Tencent, DCM Ventures, Warburg Pincus, SAIF Partners.

Where is 58.com headquartered?

58.com is headquartered in Beijing, China.

58.com

IPO

Make our life simple and better.

Beijing, China · Founded 2005 · $807.0M raised

E-Commerce

Headquarters: Beijing
Employees: 10001+
Founded: 2005
Business Model: Marketplace

Website: bj.58.com
Total Funding: $807.0M
Last Round: $736.0M Corporate RoundJun 2014
Rounds: 2

About

58.com Inc. operates China's largest online marketplace for classifieds, as measured by monthly unique visitors on both its www.58.com website and mobile applications. Founded in 2005 in Beijing by Yao Jinbo, the platform enables local business users and consumer users to connect, share information, and conduct business across categories including jobs, real estate, automotive, and services. In 2015 the company acquired its main rival Ganji.com for $412 million in cash, and was taken private in 2020 at a valuation of approximately $8.7 billion.

Summary

58.com is an E-Commerce company based in Beijing, China, founded in 2005. It has raised $807.0M in total across 2 rounds, most recently a $736.0M Corporate Round round in Jun 2014. Investors include Tencent, DCM Ventures and Warburg Pincus.