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58 Tongcheng was established in June, 2005, 5438+February, 65438+February, and its headquarters is located in Beijing. By the end of 2065 438+065438+2000 10, 58 cities have been in Tianjin, Shanghai, Guangzhou, Harbin, Shenzhen, Wuhan, Qingdao, Shijiazhuang, Dalian, Suzhou and Shenyang.

58 Tongcheng received several rounds of venture capital from Softbank Asia Safran Fund, DCM and other institutions, with a total amount of 25 million US dollars. 20 10 February, the third round of financing of $60 million in 58 cities was put in place, led by Huaping Investment, and Yao Jinbo, CEO of 58 cities, personally invested $5 million. In the ranking of Google top 1000 websites, 58 city networks have been ranked as 128, ranking second only to Craigslist in the global classified information field, and the name of China website list released by iResearch has entered the 33rd place. In the top 100 ranking table of Web2.0, 58 cities ranked16;

By June of 20 10, there were 50 million registered users in 58 cities, and the number of new users increased rapidly at a rate of 50,000 per day, with a daily PV of 28.5 million. The average number of pages visited by each user is 10, and the daily posting volume reaches10 million. The traffic of the same city network has jumped to the first place in the life service website, and the number of visits and page visits is far ahead in the life service industry.