58.com (WUBA) Tops Q4 EPS by 18c

Go back to 58.com (WUBA) Tops Q4 EPS by 18c

58.com (WUBA) Takes $34M Stake in To8to

March 9, 2015 7:37 AM EDT

58.com (NYSE: WUBA) announced that it has acquired a minority stake in To8to, a major online interior decoration service platform in China. 58.com paid approximately US$34 million in cash for a minority stake.

Founded in Shenzhen in 2008, To8To is an online interior decoration service platform that connects... More