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 U.S. +1.407.788.2780     Germany +49.89.6.214.6044 info@aimgroup.com

According to an internal memo leaked to the press, two senior executives at Chinese classifieds leader 58.com (NYSE: WUBA) are suspected of accepting bribes from foreign nationals. Their cases were reportedly uncovered during internal compliance investigations and have subsequently been passed onto the Public Security Bureau for further investigation.

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