China’s 58.com turns to profit in Q3
29 Nov 2013
Merchant memberships at 58.com Inc., China's largest online general classified marketplace, increased 73 percent year-over-year during Q3 of 2013, while revenue increased 77.6 percent year-over-year. Net income was $8.5 million (U.S.), compared with a net loss of $6.3 million in the same quarter of 2012.
The company, which listed on the New York Stock Exch