|58 com Inc -- USA Stock|| |
USD 69.57 0.77 1.12%
Co-Chairman, CEO and Pres
Mr. Michael Jinbo Yao serves as Chairman of the Board, Chief Executive Officer, Founder of the Company. He is our founder and has served as chairman of our board of directors and chief executive officer of our company since our inception. Mr. Yao is a pioneer in the PRC internet industry. Before founding our company, in 2000, Mr. Yao founded domain.cn, a domain name transaction and valueadded service website in China. After domain.cn was acquired by net.cn in September 2000, Mr. Yao served various managerial roles at net.cn including vice president of sales until 2005. Mr. Yao currently serves on the board of directors of Xueda Education Group, a company he cofounded and listed on the NYSE and Noah Holdings Limited, a company listed on the NYSE
86 10 5956 5858 http://www.58.com
Yao received bachelor?s degrees in computer science and chemistry from Ocean University of China in 1999.
The company has return on total asset (ROA)
of 2.32 %
which means that it generated profit of $2.32 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE)
of 1.14 %
meaning that it created $1.14 on every $100 dollars invested by stockholders.
The company currently holds 298 M in liabilities with Debt to Equity (D/E) ratio of 9.5 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. 58 com Inc has Current Ratio of 0.93 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
58.com Inc. operates an online marketplace for local merchants and consumers in the People?s Republic of China. 58 com Inc (WUBA) is traded on New York Stock Exchange in USA. It is located in CHINA and employs 20,705 people. 58 com is listed under Business Services category by Fama And French industry classification.