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58.com

58.com Archives

Recommerce: the new online frontier

China’s young middle class is fuelling the fashion recommerce market – the trading of pre-owned clothing and other goods...

Zhuan Zhuan scores $200 million from Tencent

Tencent has agreed to invest US$200 million in used goods platform Zhuan Zhuan.

China online marketplace 58.com nudges 200% growth

58.com, which describes itself as China's "largest online marketplace serving local merchants and consumers" has reporte...

Tencent acquires e-commerce site

Technology company Tencent has invested US$736 million to take 19.9 per cent equity interest in 58.com. 58.com operates ...