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Stock impact report

58.com Announces Changes to Board and New Chief Strategic Officer

58. COM INC (WUBA) 
Last 58. com inc earnings: 3/11 07:00 pm Check Earnings Report
US:NYSE Investor Relations: 58.investorroom.com
Company Research Source: PR Newswire
BEIJING, April 13, 2020 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China's largest online classifieds marketplace, today announced changes to its board of directors (the "Board") and appointment of new Chief Strategic Officer.58.com has appointed Ms. Lily Li Dong and Mr. Robert Frank (Bob) Dodds as independent directors, effective on April 13, 2020. The Board reviewed their independence and determined that they satisfied the "independence" requirements under applicable rules and regulations. Ms. Dong will serve on the audit committee and nominating and corporate governance committee of the Board, and Mr. Dodds on the compensation committee of the Board. Mr. Frank Lin has tendered his resignation as a director on the Board and a member of all the committees of the Board. Ms. Lily Li Dong is an independent non-executive director, a member of the audit committee, the remuneration committee and the nomination committee of YiXin Group, a company listed on Hong Ko Show less Read more
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