Bai will join new members

According to NetEase, the original Facebook CTO, Matt Cohler, has joined the Bai board of the country's classified information website this month. will be in the technical, operational and other aspects of the people's network to provide relevant advice.

Bai's CEO, Wang Jianyue, did not disclose whether Matt Cohler had a stake in Bai, only to say that Matt had chosen to join the people's network after several examinations and several considerations.

Matt, who worked for Facebook from 2005 to 2008, still serves as a consultant to the Facebook Web site. In addition, he is a partner in Benchmark Capital, a cornerstone of investment, which has invested in many of the world's leading internet companies, including ebay, Twitter, Yelp and so on.

Bai is the top three classified information website in the domestic market. Formerly known as ebay's customers, 2008 from ebay Independent, renamed to a more localized people's network, providing housing rental, recruitment, second-hand sales and other free information release. Profit model is mainly through the post-top service, to individual users or businesses charge the corresponding fees.

Bai's competitors are mainly net and 58. April 12 This year 58 with the city announced the completion of the second round of 15 million U.S. dollars of financing, May 31 NET also announced a 20 million dollar a round of financing, the two major sites will be in the financing after the national market to tighten the layout.

Bai has yet to disclose its financing and profitability. Wang Strong said, in 2008 after renaming, Bai has been doing site optimization work, currently Bai staff only more than 20 people