58.com Inc. operates online classifieds and listing platforms that enable local businesses and consumers to connect, share information, and conduct business in the People's Republic of China. It operates multi-content category online classified platforms primarily under the 58 and Ganji names; and Anjuke, an online real estate listing platform. The company's platform provides various content categories, including jobs, real estate, used goods, automotive, yellow pages, and other local services categories. It offers membership services, such as merchant certification and listing benefits, as well as display of online storefronts; and online marketing services comprising real-time bidding, priority listing, various other lead-generation services, and display advertising. The company was founded in 2005 and is headquartered in Beijing, the People's Republic of China.
Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone86-10-5956-5858
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.54 billion
Profitability
Miscellaneous
Employees21,347
Next Earnings Date3/6/2019 (Estimated)
OptionableOptionable
58.com (NYSE:WUBA) Frequently Asked Questions
What is 58.com's stock symbol?
58.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "WUBA."
How were 58.com's earnings last quarter?
58.com Inc (NYSE:WUBA) released its quarterly earnings data on Wednesday, November, 14th. The information services provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.20. The information services provider had revenue of $527.20 million for the quarter, compared to analyst estimates of $515.83 million. 58.com had a net margin of 16.13% and a return on equity of 9.57%. 58.com's quarterly revenue was up 28.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 EPS. View 58.com's Earnings History.
When is 58.com's next earnings date?
What price target have analysts set for WUBA?
5 analysts have issued 1-year price targets for 58.com's shares. Their predictions range from $40.00 to $94.00. On average, they anticipate 58.com's stock price to reach $77.25 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Price Targets for 58.com.
What is the consensus analysts' recommendation for 58.com?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 58.com in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 58.com.
Has 58.com been receiving favorable news coverage?
News articles about WUBA stock have trended somewhat positive on Friday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. 58.com earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned news headlines about the information services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.
Who are some of 58.com's key competitors?
Some companies that are related to 58.com include Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Match Group (MTCH), Weibo (WB), Snap (SNAP), Yandex (YNDX), Line (LN), FactSet Research Systems (FDS), Tripadvisor (TRIP), Trade Desk (TTD), Sabre (SABR), Wix.Com (WIX), InterXion (INXN) and Stars Group (TSG).
What other stocks do shareholders of 58.com own?
Who are 58.com's key executives?
58.com's management team includes the folowing people:
- Mr. Jinbo Yao, Chairman & CEO (Age 43)
- Mr. Jiandong Zhuang, Co-Pres (Age 50)
- Mr. Mingke He, Co-president (Age 40)
- Mr. Hao Zhou, Chief Financial Officer (Age 43)
- Mr. Hongyu Xing, Chief Technology Officer (Age 46)
Who are 58.com's major shareholders?
58.com's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Genesis Asset Managers LLP (5.17%), BlackRock Inc. (3.50%), Baillie Gifford & Co. (3.28%), Standard Life Aberdeen plc (3.02%), Coronation Fund Managers Ltd. (2.86%) and Carmignac Gestion (2.50%).
Which major investors are selling 58.com stock?
WUBA stock was sold by a variety of institutional investors in the last quarter, including Carmignac Gestion, Candriam Luxembourg S.C.A., Bank of Montreal Can, Genesis Asset Managers LLP, Los Angeles Capital Management & Equity Research Inc., Two Sigma Advisers LP, Dimensional Fund Advisors LP and Acadian Asset Management LLC.
Which major investors are buying 58.com stock?
WUBA stock was purchased by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Hillhouse Capital Advisors Ltd., Coronation Fund Managers Ltd., Lakewood Capital Management LP, Tree Line Advisors Hong Kong Ltd., Handelsbanken Fonder AB, Two Sigma Investments LP and BlackRock Inc..
How do I buy shares of 58.com?
Shares of WUBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is 58.com's stock price today?
One share of WUBA stock can currently be purchased for approximately $69.40.
How big of a company is 58.com?
58.com has a market capitalization of $10.17 billion and generates $1.54 billion in revenue each year. The information services provider earns $211.89 million in net income (profit) each year or $1.33 on an earnings per share basis. 58.com employs 21,347 workers across the globe.
What is 58.com's official website?
The official website for 58.com is g.58.com.
How can I contact 58.com?
58.com's mailing address is Building 105 10 Jiuxianqiao North Road Jia, Beijing F4, 100015. The information services provider can be reached via phone at 86-10-5956-5858.
MarketBeat Community Rating for 58.com (NYSE WUBA)
MarketBeat's community ratings are surveys of what our community members think about 58.com and other stocks. Vote "Outperform" if you believe WUBA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WUBA will underperform the S&P 500 over the long term. You may vote once every thirty days.
