58.com Inc. to Report First Quarter 2020 Financial Results on June 26, 2020

BEIJING,June 19,2020 --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 first quarter ended March 31,2020before the open of U.S. markets on Friday,June 26,2020.

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.comwebsite 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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