58.com Inc. to Report Third Quarter 2019 Financial Results on November 19, 2019

BEIJING,Nov. 11,2019 -- 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 third quarter ended September 30,2019before the open of U.S. markets on Tuesday,November 19,2019.

58.com's management will host an earnings conference call onTuesday,2019at8:00 a.m.U.S. EasternTime (9:00 p.m.Beijing/Hong Kong time onthe same day).

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

International:

+1-412-317-6061

U.S. Toll Free:

+1-888-317-6003

Hong Kong Toll Free:

800-963976

Hong Kong

852-58081995

Mainland China Toll Free:

4001-206115

Passcode:

8284139

Please dial in 15minutes 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 for one week till8:00 a.m.U.S. Eastern Time,November 26,2019. The dial-in details for the replay are as follows:

International:

+1-412-317-0088

U.S. Toll Free:

+1-877-344-7529

Passcode:

10136855

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 business users and consumer users 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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