58 City acquisition of real estate news was confirmed by Yao Jinbo internal mail

58 recently announced the same city acquisition of real estate news has been confirmed 58 CEO Yao Jinbo March 2 issued an internal mail announced the matter; Yao Jinbo said after the merger, the Anju brand, Web site, App Wireless will be fully retained and continue Will settlers positioned as high-end platform.

At the same time, 58 City Real Estate Business Association will be integrated with the residents into a new 58 housing groups, 58 Venture Real Estate Zhuang Jindong will be the total responsible person. Liang Weiping, former chief executive and chairman of the board, will leave his business.

The following is the full text of the mail:

Anker and 58 real estate students in the same city:

Everyone should see the news, I confirm the next: we have become a family!

Anjuke is a second-hand network marketing pioneer, both in the PC era or the current mobile era, are dedicated, excellent product in the spirit of leading the trend. Many people around me use the safety of residents, 58 has also been to settlers as the object of study, I live in the house is found in the settlers. Through years of accumulation and settlement, Anjuke has become a synonym for online homebuyers in the minds of home buyers, brokers and developers, especially in the high-end second-hand and new home areas as well as major cities in the first-tier cities.

With over 10 years of hard work, 58 City has become the largest local life service platform and has become a good helper in the user's life spanning real estate, recruitment, second-hand, automobile, pet and yellow pages. Among them, the property is one of our largest channels of subscribers, 58 is the absolute leader in renting, just second-hand housing, and we have landed in more than 100 cities in China.

As a corporate vision of "helping people realize their dreams," Ancun residents seem to be different on the same vision of becoming a "lifestyle service platform trusted by everyone". However, both companies are using "users' A "as a starting point, all hope that through their own efforts to make everyone's life easier and better. Hoping for each other - I think this is the most important reason we can come together.

We should all understand the industry data, the two of us combined, whether it is from the traffic, the amount of information released, or bring out the results, the volume of transactions, will prove that we are absolutely the first search platform. Both of our strengths and strengths will be better combined, the combined company in the real estate network marketing market will have a stronger brand appeal, but also will have greater synergies. I briefly list a few:

1,58 The same city will be by the Anju brand into the new home market, we will be 58 city buyers fully into the new home channel, so that developers and users can feel better buy a house, selling experience and effectiveness;

2. In the field of second-hand housing, 58 cities will continue to strengthen the positioning of just-needed housing; while the home-buyers will continue to locate the high-end professional housing search platform and innovate to lead the industry; the two platforms will open up the data for mutual benefit and complement each other;

3,58 cities will also complement the safety of residents in the lack of renters, so that both platform users can have a more complete and informative rental experience;

4,58 The city has been active in the layout of financial services, rich real estate financial products will enable residents and 58 users, can feel more in-depth and differentiated services.

After the merger we are most concerned about the issue, I explained the following:

First, Anju guest brands, websites, AppWireless will be fully retained, we treasure the brand and user preferences, and continue to be positioned as a high-end platform, and increase product, market, technology and other aspects of investment, speed up Will live in prosperity;

Second, the merged company will continue to adhere to platform positioning. We have long been optimistic about the real estate network marketing market, and focus on what we are good at, and brokers, brokerage firms, real estate developers to become long-term strategic partner, not only take the platform, but also do their own athletes; we also welcome the agency , Mortgage guarantee companies, home furnishing, building materials, decoration companies, designers, loan agencies and other banks and we work together to create a full range of real estate platform.

Third, in the past, the expiration of the options issued by Habitat, we all recognize, and follow the same with other institutional shareholders withdraw cash and cash ratio, the stock ratio will be converted into 58 listed companies in the city restricted RSU. In addition, 58 $ 10 million new incentive shares will be awarded to the combined team members. We hope all students who have worked hard in the future will have a good return.

58 58 City Real Estate Business Association and Anjuke will be integrated into a new 58 Real Estate Group, 58 Venture Capital Zhuangjian East will assume the overall responsibility. Before he was responsible for 58 marketing center management close to 10,000 people, leading 58 revenue nearly doubled in recent years increase. I am confident he will work with the security team to complete the integration work, so that everyone can give full play to their strengths.

Fifth, we will devote more market and R & D in a more radical way, and appropriately expand the size of each team to better grasp future market opportunities. We believe that now is just the beginning of the outbreak of the industry. We will also have sufficient capital reserves for our long-term focus on customer satisfaction, customer satisfaction, market share and future layout, rather than short-term profits.

And we respect Mike Liang will leave the business, will serve as a consultant, I believe he will be as concerned about their children continue to advise on the development of the new 58 residents. Thanks Mike for leaving us a team so good and wishing Mike new project all the best.

Anjuke and 58 in the same city are old companies with more than 8 years of experience. They bring together the best people in the industry. We have a dream and love our products. We believe that real estate and the Internet will be more deeply integrated with the entire industry Efficiency, but also make the process of finding a home easier. We are already a family, no longer have 58 people or live in the guest's points, who have the ability to stand out, everyone must aim at the user's pain point customer needs to work together.

Starting today, each of us is already on a larger, higher and faster platform, and we need our students to prepare for the future with a more positive attitude and a more open pace. Members students, real estate is an outlet, the Internet is an outlet, real estate + Internet is the typhoon mouth, together with a dry event!