58.com - M&A Summary, Ownership, and Business Overview

Internet Software And ServicesCompany

58.com M&A Summary

58.com has acquired 3 companies of its own.

58.com’s largest acquisition to date was in 2015, when it acquired Anjuke for $267M. The Company’s most targeted sectors include internet software and services (67%) and information technology (34%).

58.com Ownership

Who owns 58.com?

58.com is owned by General Atlantic and Ocean Link. It was acquired on April 2, 2020.

Is 58.com PE-backed?

Yes. 58.com is owned by private equity investors General Atlantic and Ocean Link.

Was 58.com formerly PE-backed?

Yes. 58.com was formerly owned by 3 private investors.

58.com Business Overview

Where is 58.com headquartered?

58.com is headquartered in Beijing, China.

What is 58.com’s revenue?

58.com disclosed revenue of 13,138M CNY for 2018 and 10,069M CNY for 2017.

What sector is 58.com in?

58.com is an internet software and services company.

When was 58.com founded?

58.com was founded in 2005.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1

58.com

58.com, Inc.

Building 105 10 Jiuxianqiao North Road Jia Chaoyang District,
Beijing, 100015
China,
+86 10 5139 5858
www.58.com

58.com operates an online marketplace serving local merchants and consumers, as measured by monthly unique visitors on both its website and mobile applications. 58.com was founded in 2005 and is based in Beijing, China.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.0/yr) # 3 - - - - - 3
vol $267M $267M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Golden Pacer 2019-09-30 - Stake Purchase
, China
To8to 2015-03-09 - Stake Purchase
Shenzhen, China · www.to8to.com
Anjuke 2015-03-01 267M USD Add-on Acquisition
Shanghai, China · www.anjuke.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 2 (67%) 267M (100%) - -
Information Technology 1 (33%) - - -
Total 3 $267M - -

By Geo

State/Country Buy Value Sell Value
China 3 267M - -
Total 3 $267M - -

Deal Values

buy # Total
$100M to $1B 1 $267M
TOTAL $267M
Largest Anjuke
$267M (2015-03-01)

Company Summary

SECTOR

Internet Software and Services

Revenue

13,138   31% 2018
10,069   33% 2017
7,592   64% 2016
4,641   183% 2015
1,644   2014
(millions of CNY) Show More Show Less

Established

2005

Former Name

58 Home

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