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58.com, VC Fund

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:
30
Last investment:
Lead investor:
40%

Last updated:

Industries 58.com invests in

Real EstateAutomotiveRetailConsumerInternet

Stages 58.com invests in

Series ASeries BSeries CFunding RoundVenture - Series Unknown

Countries 58.com invests in

ChinaIndiaHong Kong

Round sizes

Series A $1.4M–$16MSeries B $20M–$300MSeries C $25M–$200M

Contacts

NameEmailPhoneSocials

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Round size

Series A
$1.4M–$16M
Series B
$20M–$300M
Series C
$25M–$200M

Investment Focus

Industry

  • Real Estate 5 (17%)
  • Automotive 4 (13%)
  • Retail 3 (10%)
  • Consumer 3 (10%)
  • Internet 3 (10%)
See all 61 industries →

Stage

  • Series A 9 (30%)
  • Series B 7 (23%)
  • Series C 3 (10%)
  • Funding Round 3 (10%)
  • Venture - Series Unknown 3 (10%)
See all 9 stages →

Country

  • China 26 (87%)
  • India 1 (3%)
  • Hong Kong 1 (3%)

Team

NameTitleInvestmentsLinksEmail
Chao Zhang
Chao Zhang Senior Director
Senior Director Total investments: 0
Find email
Li Zijian
Li Zijian Vice President
Vice President Total investments: 0
Find email
VP Total investments: 0
Find email
Cimy Wong
Cimy Wong Product Director
Product Director Total investments: 0
Find email
Hao (Alex) Zhou Chief Strategic Officer
Chief Strategic Officer Total investments: 0
Find email
See all 13 team members →

Investments

CompanyDescriptionRoundLinks
Plum Plum
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 Yidianling
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
Interhouse.cn Interhouse.cn
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
Interhouse.cn Interhouse.cn
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 UUPaotui
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 Naixue Education
Naixue Education is an Edtech platform that features education management services for teachers and students. $7.8M / Venture - Series Unknown / Sep 15, 2021
GoGoX GoGoX
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 SWEETOME Svidon Group
SWEETOME Svidon Group is an organization that focuses on real estate management in the Asian region. Series A / Dec 03, 2019
Happyeasygo Happyeasygo
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. Series B / Nov 20, 2019
See all 30 investments →

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FAQ

What does 58.com invest in?

58.com invests primarily in Real Estate, Automotive and Retail startups, most often at Series A and Series B stage. Most of the 30 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 $1.4M–$16M at Series A, $20M–$300M at Series B and $25M–$200M at Series C. 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), Li Zijian (Vice President) and Arthur Duan (VP), 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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