58.com's Zhuan Zhuan Used-Goods Trading Platform Secures US$300 Million in Financing
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, Sept. 10, 2019 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China's largest online market place for classifieds, today announced that Zhuan Zhuan, an online used goods trading platform and a consolidated subsidiary of 58.com, has entered into definitive agreements with a group of investors for its series B round of financing. The total amount to be invested into Zhuan Zhuan is approximately US$300 million. 58.com and Tencent, as the existing investors of Zhuan Zhuan, also took part in this round. 58.com will remain as the majority shareholder of Zhuan Zhuan following the transaction.The transaction is expected to close in the fourth quarter of 2019 and is subject to certain customary closing conditions. About 58.com Inc.58.com Inc. (NYSE: WUBA) operates China's largest online market place for classifieds, as measured by monthly unique visitors on both its www.58.com website and mobile applications. The Company's online marketplace enables local busin
Show less
Read more
Impact Snapshot
Event Time:
WUBA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WUBA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WUBA alerts
High impacting 58. COM INC news events
Weekly update
A roundup of the hottest topics