It is said that it is true that 58 is going to merge with the fair.

It's true. Two days ago, 58 cities announced the acquisition of Jiji.com, and a pair of judges in court finally came together after years of confrontation. The acquisition of Jiji.com was valued at US$ 3 billion, and 58 additional 17 million ADS plus US$ 400 million (cash from Tencent's previous rights issue) acquired 43.2% shares in Jiji.com..

58 Tongcheng was founded in June 5438+February 65438+February 2005, headquartered in Beijing, and currently has 27 direct sales branches in China. Located in the local community, this website provides free classified information services to help people solve problems in their lives and work. On March 2nd, 58 Tongcheng officially announced the acquisition of Anjuke Group. The transaction was conducted in cash and stock, and the transaction amount reached $2,6701billion. On April 201May 17, 58 Tongcheng announced that the company's strategic investment classification information website Jiji.com. ..

As the largest classified information website in China, 58 Tongcheng has three characteristics: localization, independence, free, authenticity and high efficiency. Its services cover all areas of life, providing life information such as house rental, job hunting, second-hand trading, car rental, pet ticketing, catering and entertainment, and making friends, covering all large and medium-sized cities in China. At the same time, it has also established a perfect marketing solution for merchants, providing websites, direct-selling magazines, life circles, good life, magazine display racks, LED advertising screens, "community express" and many other services.