[Entry into a New Loan Facility and Repayment of Existing Loan 58.com Inc. (“58.com”) has recently obtained a secured interest-bearing loan of US$275 million from China Merchants Bank Co., Ltd. The loan has a 13-month tenor. 58.com has used the proceeds of this loan to repay the outstanding loan from an existing shareholder. The loan from such existing shareholder, which] []

[58.com Announces Appointment of Chief Technology Officer BEIJING, China, March 31, 2016/PRNewswire—58.com Inc. (NYSE: WUBA) (“58.com”), China’s largest online marketplace serving local merchants and consumers, today announced the appointment of Mr. Hongyu Xing as Chief Technology Officer (CTO), effective immediately. Mr. Hongyu Xing has more than 10 years of experience in the Internet industry. Mr. Xing joined 58.com in 2015] []

[58.com Reports Fourth Quarter And Fiscal Year 2015 Unaudited Financial Results BEIJING, February 25, 2016 -- 58.com Inc. (NYSE: WUBA) (“58.com” or the “Company”), China’s largest online marketplace serving local merchants and consumers, today reported its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2015. Fourth Quarter 2015 Financial Highlights · Total revenues were US$255.3] [Ganji Founder to Stepdown as Co-Chairman of 58.com Board of Directors BEIJING, China, February 25, 2016/PRNewswire—58.com Inc. (NYSE: WUBA) (“58.com”), China’s largest online marketplace serving local merchants and consumers, today announced that Mr. Mark Haoyong Yang, the founder, former Chairman and CEO of Ganji.com, has resigned from his position as Co-Chairman and Director of 58.com’s Board of Directors (“the Board”).] []