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58-GANJI GROUP TIANJIN HEADQUARTERS INAUGURATED IN TEDA
 

The 58-Ganji Group recently held the inauguration ceremony for its Tianjin headquarters in TEDA, officially announcing that the new location is put into service.

In 2012, 58.com signed a deal to locate its group headquarters in TEDA. To date, 58.com has set up in TEDA 58.com Information Technology Co., Ltd, 58.com Co., Ltd., and Tianjin 58 Credit Guarantee Co., Ltd., investing over USD 200 million and employing nearly 2,300 people in Tianjin headquarters.

58.com employs nearly 20,000 people in 30 branches nationwide and operates network platforms in 400 cities. The website touts over 400 million unique monthly visitors and over 15 million active merchants quarterly and posts over 150 million listings monthly, changing the life of millions of netizens. In 2013, 58.com Inc. is Tianjin’s first homegrown internet company going public on the NYSE, and its present market value amounted to USD 8 billion. In April 2015, 58.com and ganji.com merged to create 58-GANJI Group.
The booming internet industry in TEDA has drawn a number of well-known internet companies nationwide and worldwide. A combination of homegrown and introduced companies went all out to build up the high ground of internet industry here. Such leading companies have been brought to TEDA as Tencent Data Center, Sohu TV, Xueda.com,and Liepin.com. Till now, TEDA is home to over 300 internet companies with over 2 billion yuan of registered capital and operating income up by more than 50%, injecting great momentum into TEDA’s  internet ecosystem. (Tr. by Ma Yu)