Insiders



Two 58.com execs facing criminal charges

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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Purplebricks Australia CEO, CFO depart

Purplebricks Australia CEO, CFO depart

The embattled Australian arm of U.K.-based hybrid agency PurpleBricks has announced its chief executive Ryan Dinsdale will depart the company but will stay on until March to assist with the transition period. The announcement comes just a few weeks after its chief financial officer Brad Rom defected to a healthcare group.

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