58.com drafts executives from competiton

27 Aug 2014

China’s largest online classified company, 58.com Inc., has recently recruited or promoted executives with experience in three other Chinese Internet businesses.

The move hints at the further development of its business. The company announced Aug. 22 the appointment of a new director from Asia’s biggest Internet company, Tencent Holdings, Ltd, as well as the promotion to senior positions in 58.

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Don Gasper