58 City layout move into finance

Absrtact: May 8, Shanghai, Yiu Jingbo said, this is the 58 city's birthday, 5-year-old birthday, as the founder of his, to give this magical site a revolution: to the fingertips, to recreate a 58 of the same city. 2 days ago, Yiu Jingbo The word out, 1 billion dollars, 58 with the city

May 8, Shanghai, Yiu Jingbo said, this is the 58 city's birthday, 5-year-old birthday, as the founder of his, to give this magical site a revolution: to the fingertips, to recreate a 58 of the same city.

2 days ago, Yiu Jingbo put words out, 1 billion U.S. dollars, 58 with the city in the internal incubation, through investment, mergers and acquisitions, in Yiu Jingbo eyes, the traditional classification information has died, the move has entered Human to Human.

58 City Yiu Jingbo

From the current 58 with the city development 5 years of data to see, 2013, the company achieved total revenue of 145.7 million U.S. dollars, the year-on-year growth of 67.3%, net profit of 19.6 million U.S. dollars, compared with the net loss of 30.4 million U.S. dollars last year, to achieve losses.

For just 58 of the same city, as of December 31, 2013, the account has 311.1 million U.S. dollars in cash and equivalent, from the data, to recreate 58 of the same city, no doubt, is a small project.

To move on the reconditioned

There is no doubt that the mobile strategy has become one of the core of the 58 city now.

According to Yiu Jingbo's plan, 58 of the same city to move the strength of the road, the bottom is 58 with the city's own recruitment, car, real estate services, the middle tier is "settled" to the quick taxi, Taobao lottery, Ctrip and other web services to go; the outermost layer is with Baidu, Alipay, Application Bao, 360, Millet official website, Lenovo and other large platform cooperation.

Yiu Jingbo gives the data is that 58 of the city 2013 years Q4 Mobile user-oriented navigation capacity of total PV 49.6%, in 2013 when the number is listed only 39.8%, in the mobile PV, app accounted for 56%, browser accounted for 45%.

And for the battle to move the end, 58 with the original independent mobile division of more than 100 people scattered, reconstituted nearly 70,000 people around the team.

"The PC has entered the 21% growth, but the move is already 200%, and that's the big gap, and we should focus on the future, the betting on where you should see clearly, is moving," Yiu Jingbo said.

According to NetEase technology to understand, at present, 58 of the city in the mobile end of the product test water has been targeted at 58 of the city's Merchant communications tools: 58 help, according to 58 City Chief strategy Officer Xiaohua introduced, 58 help is currently second only to Ali's B-end merchant communication tools, has 5 million commercial use.

Xiaohua to NetEase technology revealed that the next 58 with the city and millet cooperation, through the way of the Address Book, for the merchant to provide a variety of basic information services around the life.

And to take down mobile this station, with itself in Beijing, 58 different from the city, this time they chose to hold a conference in Shanghai, the meaning of the words, that is, from competitors net, the public comment on the East China market.

In accordance with the plan of the city of 58, the next three years, in East China single annual income 2 billion, paid customer coverage is 300,000, "classified market share in the East China market accounted for 70%." In east China if accounted for 70% in the country can be accounted for is, and then PC continued to grow in the case of the hope that mobile traffic accounted for more than 80%.