58 the city's third-quarter revenue is 41.6 million U.S. dollars, in line with the investment bank's Pacific crown expectation

Source: Internet
Author: User
Keywords 58 with the city the rapid growth keep
Tags .net bulletin company credit suisse market marketing services mobile mobile end

The net profit of 8.5 million dollars is equivalent to 0.06 U.S. dollars per share earnings, diluted after the earnings of 0.05 U.S. dollars per share, equivalent to the diluted after each ads profit of 0.10 U.S. dollars. The company has ample cash flow and a total of $73 million trillion in cash and short-term investments, or more than RMB 400 million yuan.

The company released its third quarterly bulletin, with Citigroup setting the initial rating of 58 shares in the city as a buy and a target price of $48.1. The Pacific Crown also gives 58 of the same city to win the initial rating of the market. Subsequently, 58 shares in the city in Tuesday Gaokaigao walked steadily up, the final closed to 37.3 U.S. dollars, rose to 14.35%.

Earnings figures show that 58 of the city's 41.6 million U.S. dollars in total revenue, 24.2 million U.S. dollars from membership fee revenue, 17.1 million U.S. dollars from online marketing services revenue, 300,000 U.S. dollars for other services revenue. Membership fee income growth of 79.9% year-on-year, online marketing services revenue growth of 112.4% year-on-year, have maintained a rapid growth trend.

Yiu Jingbo that China's online classification market space is still huge, the growing popularity of mobile internet will further promote the online classification market for consumers and businesses infiltration. In addition, the company will continue to force the mobile end of the market, hope that the future mobile end can exceed the PC side.

Credit Suisse said in its latest study that 58 of the city's biggest advantage lies in localization services, and Credit Suisse believes that more room for growth in the next 58 cities will come from this. In addition, the increase in fee membership will enable the company to further monetization, it is expected that 58 of the city's composite growth rate in the next two years will reach 112%.

In 2010-2012, 58 of the city's annual revenues continued to rise, 10.7 million U.S. dollars, 41.53 million U.S. dollars, 87.12 million dollars.

At present, 58 of the city's market value has been close to 3 billion U.S. dollars, to 2.966 billion U.S. dollars, this distance from October 31 on the day of the market breakthrough of 2 billion U.S. dollars less than one months.

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