58.com (PRIVATE.WUBA)

Overall impact
B (71)

Commentary

58.com is a strong overall performer. With a 'B' rating of 71.1 for overall impact (84th percentile compared to all companies), 58.com ranks 9th out of 56 industry peers, behind Synacor, Fang, Wirtualna Polska and 5 others, and ahead of Opera Limited, Tuanche, Sohu.com and 44 others. On top material causes for 58.com's industry (Software & Services), 58.com performs well in Reduced Inequality (83.8 score), Arts and Culture Access (95.5), Lgbtq Equality (82.3) and 5 other causes where it received an 'A' score and performs poorly in Technology Innovation (17.9 score).
Impact
Cause PRIVATE.WUBA
Peer rank
Overall impact

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Impact trend

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Company
Employees
20,705
Sector
Information Technology
Industry
IT Services
Sub-industry
Internet Services & Infrastructure
SASB industry
Internet Media & Services
Headquarters
China
Share classes
PRIVATE.WUBA
Description
58.com Inc. operates an online marketplace for local merchants and consumers in the People's Republic of China. Its online marketplace enables local merchants and consumers to connect, share information, and conduct business. The company's online marketplace contains local information in approximately 485 cities in various content categories, including jobs, real estate, used goods, automotive, and yellow pages. It offers membership services, such as merchant certification and listing benefits, as well as display of online storefronts. Additionally, it provides online marketing services comprising listing services, such as real-time bidding and priority listing, and marketing services through collaboration with third-party Internet companies. 58.com Inc. was founded in 2005 and is headquartered in Beijing, the People's Republic of China.
Material causes
Ethos considers the following causes material for 58.com, based on its industry sub-industry Internet Services & Infrastructure. Learn more about material causes in our methodology overview.

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