58.com
VC Fund
Beijing, China
58.com is a Chinese classified advertisements website enabling local merchants and consumers to publish information and advertise their service offerings in local communities. 58.com’s package includes target consumer group identification, services and products advertising, online marketing service, and customer relations management. Its aim isto provide a forum for the low income and jobless group. As the biggest online classifieds publisher, 58.com provides free, localized and credible information for voluntary users.Founded on December 12, 2005, and headquartered in Beijing, 58.com is China's for-profit version of Craigslist in the United States. It received $25 million in funding as investments from Softbank Asia Infrastructure Fund (SAIF) partners and DCM. It began trading on the New York Stock Exchange on October 31, 2013.As of November 2010, 58.com has set up branches in 32 cities, with 6,500 full-time staff serving over 50 million registered users. The site’s user base continues to grow, with more than 50,000 new users added per day. The average number of page views per unique visitor per day is 10, with 1 million posts per day. Due to its increasing website traffic volume and number of unique visitors and page views, 58.com is ranked the first among local life service websites. Its main competitors include Ganji.com and Baixing.com.
- Total investments:
- 32
- Last investment:
- Lead investor:
- 44%
Last updated:
For AI agents: llms.txt
Industries 58.com invests in
Stages 58.com invests in
Countries 58.com invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
| See all 13 contacts → | |||
Round size
- Series A
- $1.5M–$16M
- Series B
- $20M–$300M
- Venture - Series Unknown
- $1.5M–$100M
Investment Focus
Industry
- Real Estate 6 (19%)
- Retail 4 (13%)
- Internet 4 (13%)
- Automotive 4 (13%)
- E-Commerce 4 (13%)
Stage
- Series A 9 (28%)
- Series B 7 (22%)
- Venture - Series Unknown 4 (13%)
- Series C 3 (9%)
- Corporate Round 3 (9%)
Country
- China 28 (88%)
- India 1 (3%)
- Hong Kong 1 (3%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Chao Zhang
Senior Director
|
Senior Director | Total investments: 0 | Find email | |
Jinbo Yao
President, Founder & CEO
|
President, Founder & CEO | Total investments: 8 | Find email | |
Li Zijian
Vice President
|
Vice President | Total investments: 0 | Find email | |
|
Arthur Duan
VP
|
VP | Total investments: 0 | Find email | |
Cimy Wong
Product Director
|
Product Director | Total investments: 0 | Find email | |
| See all 13 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Plum is an e-commerce platform for second-hand fashion products. It works as a one-stop consignment service platform that provides filming, sales, customer service, sale, and a full set of consignment services. Plum was founded on 2015 and is headquartered in Beijing, China. | Corporate Round / Feb 15, 2023 | ||
| Yidianling is a psychological counselling platform that provides free mental health services such as free questions and answers, psychological tests, expert services, and training lectures. | $31.4M / Series B / Dec 22, 2021 | ||
| Don Quixote is a commercial digital platform that provides digital integration of design, construction, and operation delivery service. It uses BIM, cloud computing, big data, IoT, AI, and other information technologies to build a platform for chain commercial spaces. | $14.2M / Dec 15, 2021 | ||
| Don Quixote is a commercial digital platform that provides digital integration of design, construction, and operation delivery service. It uses BIM, cloud computing, big data, IoT, AI, and other information technologies to build a platform for chain commercial spaces. | $15.7M / Series A / Dec 15, 2021 | ||
| UUPaotui is a mobile internet errand service platform based on the concept of crowdsourcing to share labor and time. | Series B / Nov 02, 2021 | ||
| Naixue Education is an Edtech platform that features education management services for teachers and students. | $7.8M / Venture - Series Unknown / Sep 15, 2021 | ||
| Established in 2013, GoGoX is the first app-based platform for delivering goods in Asia, which is dedicated to offering excellent delivery service through innovative technology. Since then, GoGoX has extended its service to various platforms. The company connects individuals and businesses directly to thousands of drivers for their real-timedelivery needs and redefines the everyday delivery experience by providing a convenient and efficient service.Over the years, GoGoX has expanded its business from Hong Kong to Singapore, South Korea, Mainland China, Taiwan, and India and will continue to expand globally. In August 2017, GoGoX merged with 58 Suyun, the leader in Mainland China’s intra-city logistics market, and increased GOGOVAN’s presence to over 300 cities, with more than 8 million registered drivers under its network.GoGoVan has announced its rebranding as GoGoX in July 2020. | $100M / Venture - Series Unknown / Jul 13, 2021 | ||
|
Daojiale
|
Daojiale is an online real estate agent. | $71M / Venture - Series Unknown / Mar 31, 2020 | |
| SWEETOME Svidon Group is an organization that focuses on real estate management in the Asian region. | Series A / Dec 03, 2019 | ||
| HappyEasyGo is an India based local Online Travel Company. We are providing best air tickets and hotels with the lowest Price. Now you can book various airline tickets such as IndiGo, Jet airways, Go air, Spice Jet, air Asia, Vistara and Air India. We also provide you updated and verified Happy Easy Go instant discount hotels and special offers onflight tickets. | $48.8M / Series B / Nov 20, 2019 | ||
| See all 32 investments → | |||
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FAQ
What does 58.com invest in?
58.com invests primarily in Real Estate, Retail and Internet startups, most often at Series A and Series B stage. Most of the 32 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is 58.com's check size?
58.com typically joins rounds of $1.5M–$16M at Series A, $20M–$300M at Series B and $1.5M–$100M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds 58.com participates in.
How do I contact 58.com?
Public channels for 58.com include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at 58.com?
The team at 58.com includes Chao Zhang (Senior Director), Jinbo Yao (President, Founder & CEO) and Li Zijian (Vice President), among 13 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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