58 the city announced the strategic cooperation with the MO

58 with the city announced the strategic cooperation with the MO, exclusive to provide local life service information. This is the first time after 58 with the city to become the cornerstone investors, the two sides on the product level of cooperation.

It is understood that the two sides will be based on 58 of the same city for the user to provide exclusive cover recruitment, real estate, second-hand car, home economics, such as a full range of local life service information, MO for 58 with the city to provide "City Service" section as a portal. At present, the entrance has been officially on the application of Mo Mo on-line.

For this cooperation, 58 with the city CEO Yiu Jingbo said, based on "Mo Mo" user groups and 58 of the city's local life service brand, information, business number, the two sides will carry out in-depth cooperation.

According to public information, as of September 30, 2014, the total registered user of Mo Mo is 180.3 million, the monthly live user is 60.2 million, the daily live user 25.5 million.

58 The city early in the IPO, announced that the mobile end of the development as a core direction, the current mobile end account is close to 60%. At the same time, through the investment and strategic cooperation, such as a series of actions, 58 with the city with Baidu, Tencent, Millet, a letter, NetEase, Lenovo and other mobile applications and smartphone manufacturers, to preempt the mobile end of the portal, mobile end layout has a scale.

The future, 58 with the city and the cooperation will continue to deepen and improve, 58 of the city's own brand 58 home will also be seamless docking with the MO, to provide domestic, moving, the United States door-to-door service.

According to the statement issued before the listing of the prospectus, in the IPO when the stranger to Alibaba and 58 with the city directed to add new shares, the introduction of 58 with the city as cornerstone investors.