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    WUBA   US31680Q1040

58.COM INC.

(WUBA)
End-of-day quote Nyse  -  2020-09-16
55.88 USD   +0.32%
2021Beijing Interhouse Technology Co., Ltd. announced that it has received $15.7 million in funding from 58.com Inc., BRV Partners, LLC, Shengqu Information Technology Co., Ltd.
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2021Qicheng Pet Hospital Management Co., Ltd. announced that it has received $31 million in funding from Jingwei Venture Capital Investment Management Consulting Co., Ltd., 58.com Inc., Shanghai Yijing Investment Co., Ltd.
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2021Uditech announced that it has received $31.000000 million in funding from 58.com Inc., Yunfeng Capital, Jiangsu Guanda Group Co.,Ltd., Xinshang Capital and another investor.
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58.Com Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the Second Quarter of 2017

05/25/2017 EST

58.com Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported total Revenue was RMB 1,988,271,000 against RMB 1,509,575,000 a year ago. Profit from operations was RMB 77,911,000 against loss of RMB 333,774,000 a year ago. Loss before income taxes was RMB 18,882,000 against RMB 550,647,000 a year ago. Net loss attributable to the company was RMB 21,517,000 against RMB 536,470,000 a year ago. Diluted loss per ordinary share attributable to ordinary shareholders was RMB 0.07 against RMB 1.90 a year ago. Diluted loss per ADS share was RMB 0.15 against RMB 3.80 a year ago. Non-GAAP income from operations was RMB 217,176,000 against loss of RMB 214,031,000 a year ago. Non-GAAP net income attributable to the company was RMB 105,734,000 against loss of RMB 346,520,000 a year ago. Non-GAAP diluted earnings per ordinary share attributable to ordinary shareholders were RMB 0.36 against loss per share of RMB 1.23 a year ago. Non-GAAP diluted earnings per ADS share was RMB 0.72 against loss of RMB 2.45 a year ago. Net cash provided by operating activities was RMB 422.4 million compared with RMB 142.7 million in the same quarter of 2016.

Based on the Company's current operations, total revenues for the second quarter of 2017 are expected to be between RMB 2,250 million and RMB 2,350 million. This represents a year-over-year increase of 15.7% to 20.8% in Renminbi amounts. These estimates reflect the Company's current and preliminary view, which is subject to change.


ę S&P Capital IQ 2017
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Managers and Directors
Jin Bo Yao Chairman & Chief Executive Officer
Ming Ke He President
Ming Shu Leung Chief Financial Officer
Hong Yu Xing Chief Technology Officer
Lin Cong Vice President-Finance & Information Technology
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