‘Craigslist Of China’ 58.com Poised For Mobile Growth

By | July 6, 2015

Scalper1 News

Chinese classified ad site 58.com (WUBA) — nicknamed the “Craigslist of China” — will see its mobile services and user base grow thanks to a new partnership with China Internet giant Tencent Holdings (TCEHY), says an analyst report out Monday. “Tencent’s increasing investments in (58.com) highlight (58.com’s) unique value in the China Internet space. Going forward, we believe the Tencent partnership should help 58.com further penetrate into mobile Scalper1 News

Scalper1 News