58.com Inc. to Report Second Quarter 2018 Financial Results on August 16, 2018

BEIJING,Aug. 9,2018 -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"),China's largest online market place for classifieds,today announced that it plans to release its unaudited financial results for the second quarter ended June 30,2018before the open of U.S. markets on Thursday,August 16,2018.

58.com's management will host an earnings conference call onThursday,2018at8:00 a.m.U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong time onthe same day).

Dial-in details for the earnings conference call are as follows:

International:

+1-412-317-5225

U.S. Toll Free:

+1-866-235-9918

Hong Kong:

852-301-84992

China:

4001-201203

Passcode:

6889220

Please dial in 15 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available after the conclusion of the conference call through8:00 a.m.U.S. Eastern Time,August 23,2018. The dial-in details for the replay are as follows:

International:

+1-412-317-0088

U.S. Toll Free:

+1-877-344-7529

Passcode:

10123215

Additionally,a live and archived webcast of the conference call will be available on the Investor Relations section of 58.com's website athttp://ir.58.com.

About 58.com Inc.

58.com Inc. (NYSE: WUBA) operates China's largest online market place for classifieds,as measured by monthly unique visitors on both its www.58.com website and mobile applications. The Company's online marketplace enables local merchants and consumers to connect,share information and conduct business. 58.com's broad,in-depth and high quality local information,combined with its easy-to-use website and mobile applications,has made it a trusted marketplace for consumers. 58.com's strong brand recognition,large and growing user base,merchant network and massive database of local information create a powerful network effect. For more information on 58.com,please visit http://www.58.com.

For more information,please contact:

58.com Inc.

ir@58.com

Christensen

In China

Mr. Christian Arnell

Phone: +86-10-5900-1548

E-mail: carnell@christensenir.com

In US

Ms. Linda Bergkamp

Phone: +1-480-614-3004

Email:lbergkamp@ChristensenIR.com

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