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Stock Market & Financial Investment News

News Breaks
March 28, 2014
06:16 EDTWUBA58.com 6M share Secondary priced at $38.00
The deal size was reduced to 6M shares from 8M shares. Morgan Stanley, Credit Suisse and Citigroup acted as joint book running managers for the offering.
News For WUBA From The Last 14 Days
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October 17, 2014
06:11 EDTWUBA58.com invests $20M for minority stake in Edaijia
58.com announced that it has entered into a definitive agreement to invest $20M for a minority equity stake in Edaijia. Edaijia, which in English means "E-designated driver," is a platform for mobile-based designated driver services in China. The closing of this transaction is subject to customary closing conditions. This transaction is expected to close in late October.

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