Searching for "Yao Jinbo"
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Chinese online classifieds site 58.com (NYSE: WUBA) today announced that Zhuan Zhuan, an online used goods trading platform and a consolidated subsidiary of 58.com, has entered into definitive agreements to acquire a 100% equity interest in the operator of second-hand mobile phone trading app Zhaoliangji. Read More
Chinese online classifieds site 58.com (NYSE: WUBA) today announced that it has entered into definitive agreements with Uxin Limited (Nasdaq: UXIN), a leading national online used car dealer in China, to purchase certain assets and liabilities related to Uxin's B2B online used car auction business for a total cash consideration of USD 105 mln. Read More
Yao Jinbo, CEO of online classifieds site 58.com (NYSE: WUBA), says the site will spend over RMB 1 bln in the next two years developing online recruitment website ChinaHR, with a focus on expanding its marketing and growing its team. Read More
Cheng Handong, Chairman of Business Opportunity Online, operator of online franchising site 28.com, has been sued by Liu Xuanfu, the company's largest shareholder, for actions severely damaging to shareholder interests in secretly signing an agreement with Yao Jinbo, Founder and CEO of online classifieds website 58.com, in December 2009. Read More
An industry source revealed today that Chinese online classified listings site 58.com had completed a USD 60 mln third round of financing, giving the company an estimated total value of USD 150 mln. Read More
Chinese online classifieds site 58.com announced today that its second-round funding, mainly from Doll Capital Management (DCM) and SAIF Partners, totaled USD 15 mln. Read More