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58.com Inc (WUBA.N)

WUBA.N on New York Stock Exchange

50.21USD
16 Oct 2019
Change (% chg)

$0.01 (+0.02%)
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Volume
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Latest Key Developments (Source: Significant Developments)

58.Com Announces Entry Into Definitive Agreements To Convert Profit Participation Right And Acquire Shares Of Golden Pacer
Monday, 30 Sep 2019 

Sept 30 (Reuters) - 58.com Inc ::58.COM ANNOUNCES ENTRY INTO DEFINITIVE AGREEMENTS TO CONVERT PROFIT PARTICIPATION RIGHT AND ACQUIRE SHARES OF GOLDEN PACER.58.COM INC - UPON COMPLETION OF DEALS, CO WILL HOLD ABOUT 32.6% OF SHARE CAPITAL OF GOLDEN PACER.58.COM INC - GOLDEN PACER ENTERED INTO DEFINITIVE AGREEMENTS WITH UXIN LIMITED.58.COM INC - GOLDEN PACER WILL ACQUIRE LOAN FACILITATION RELATED BUSINESS FROM UXIN; UXIN WILL RECEIVE CERTAIN NUMBER OF SHARES OF GOLDEN PACER.  Full Article

58.Com Says Wei Ye Has Been Promoted To Chief Financial Officer
Tuesday, 10 Sep 2019 

Sept 9 (Reuters) - 58.com Inc ::58.COM CREATES NEW PRESIDENT OF INTERNATIONAL BUSINESS ROLE AND APPOINTS CHIEF FINANCIAL OFFICER.ZHOU WILL STEP DOWN FROM HIS POSITION AS CHIEF FINANCIAL OFFICER.WEI YE, CURRENT DEPUTY CHIEF FINANCIAL OFFICER OF COMPANY, HAS BEEN PROMOTED TO CHIEF FINANCIAL OFFICER.HAO ZHOU HAS BEEN APPOINTED PRESIDENT OF INTERNATIONAL BUSINESS.  Full Article

58.Com Reports Qtrly Diluted Earnings Per ADS RMB 4.65
Wednesday, 29 May 2019 

May 28 (Reuters) - 58.com Inc ::QTRLY NON-GAAP BASIC AND DILUTED EARNINGS PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS WERE RMB2.94 (US$0.44) AND RMB2.90 (US$0.43).58.COM REPORTS FIRST QUARTER 2019 UNAUDITED FINANCIAL RESULTS.Q1 REVENUE ROSE 22.5 PERCENT TO RMB 3.028 BILLION.SEES Q2 2019 REVENUE RMB 4.0 BILLION TO RMB 4.1 BILLION.TOTAL NUMBER OF PAYING BUSINESS USERS WAS APPROXIMATELY 3.4 MILLION IN Q1 OF 2019, A 7.5% INCREASE FROM SAME QUARTER OF 2018.QTRLY DILUTED EARNINGS PER ADS RMB4.65.58.COM- "WE ARE NOT IMMUNE TO CHINA'S SOFTENING ECONOMY GIVEN OUR EXPOSURE TO SEVERAL KEY LOCAL SERVICES CATEGORIES SUCH AS JOBS, HOUSING AND AUTO".AS OF MARCH 31, 2019, COMPANY HAD CASH AND CASH EQUIVALENTS, RESTRICTED CASH AND SHORT-TERM INVESTMENTS OF RMB7,696.6 MILLION.  Full Article

58.Com Q3 Revenue Rose 33.2 Percent To RMB 3.627 Billion
Thursday, 15 Nov 2018 

58.com Inc ::58.COM REPORTS THIRD QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q3 REVENUE ROSE 33.2 PERCENT TO RMB 3.627 BILLION.SEES Q4 2018 REVENUE RMB 3.5 BILLION TO RMB 3.6 BILLION.QTRLY NON-GAAP BASIC AND DILUTED EARNINGS PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS WERE RMB5.72 (US$0.83).QTRLY BASIC AND DILUTED EARNINGS PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS WERE RMB4.92 (US$0.72) AND RMB4.84 (US$0.70), RESPECTIVELY.  Full Article

58.Com Q3 Adj Earnings Per ADS $0.82
Thursday, 15 Nov 2018 

Nov 14 (Reuters) - 58.com Inc ::QTRLY ADJUSTED BASIC, DILUTED EARNINGS PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS $0.83, $0.82, RESPECTIVELY​.58.COM REPORTS THIRD QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q3 REVENUE ROSE 33.2 PERCENT TO RMB 3.627 BILLION.SEES Q4 2018 REVENUE RMB 3.5 BILLION TO RMB 3.6 BILLION.QTRLY BASIC AND DILUTED EARNINGS PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS WERE RMB4.92 (US$0.72) AND RMB4.84 (US$0.70), RESPECTIVELY.  Full Article

58.Com Inc Q4 Revenue RMB 2.765 BILLION
Thursday, 8 Mar 2018 

March 7 (Reuters) - 58.Com Inc ::58.COM REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 UNAUDITED FINANCIAL RESULTS.Q4 REVENUE ROSE 32 PERCENT TO RMB 2.765 BILLION.SEES Q1 2018 REVENUE RMB 2.29 BILLION TO RMB 2.39 BILLION.QTRLY ‍GROSS MARGIN WAS 90.5% COMPARED WITH 89.9% IN SAME QUARTER OF 2016​.‍EARNINGS PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS RMB2.78 (US$0.43)​.‍NON-GAAP EARNINGS PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS RMB3.69 (US$0.56)​.  Full Article