The company has not filed an annual or quarterly report since its FY2019 20-F, filed Apr 29, 2020. Its latest SEC filing is a SC 13D/A from Jul 14, 2023.
20-F for FY2019, filed Apr 29, 2020
The sections below describe the company as of the FY2019 annual report.
Connected consumers and local businesses in China through online classifieds and listing platforms for local services, real estate, jobs and used goods.
20-F for FY2019, filed Apr 29, 2020We enable consumers and local businesses to connect, share information, address local services needs and conduct local business in China.View ↗
The 58 core businesses are comprised principally of 58 and Ganji (赶集网), our multi-content category online classifieds platforms, Anjuke…View ↗
The incubated new businesses currently mainly include Zhuan Zhuan (转转), an online used goods trading and service platform, and 58 Town…View ↗
Business users paid for membership services and online marketing services, which they could buy through direct sales teams, third-party sales agencies or online self-service channels.
20-F for FY2019, filed Apr 29, 2020
$2.2B
20-F for FY2019, filed Apr 29, 2020
$2.2B ↗
Consumers browsed and searched listings, while local businesses used the platforms to promote services, attract customer leads and recruit employees. Businesses could buy directly through sales teams, sales agencies or online self-service channels.
20-F for FY2019, filed Apr 29, 2020Our users refer to all participants on our platforms, including consumer users and business users.View ↗
Business users are typically those who attempt to attract customer leads or recruit employees. Business users can post information on our…View ↗
The Group generates revenues primarily from membership and online marketing services. The Group sells its services through its direct sales…View ↗
Yes. It kept 54 cents of every revenue dollar as net income in FY2019 and turned 27 cents into free cash flow.
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