Company Presentation November 2019 0 Disclaimer The following - PowerPoint PPT Presentation

Company Presentation November 2019 0

Disclaimer The following presentation has been prepared by 58.com Inc. (the “Company”) solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any investment activity or trading strategy, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. NOTHING HEREIN CONSTITUTES AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES OR INSTRUMENT IN ANY STATE OR JURISDICTION. The information included herein was obtained from various sources, including certain third parties, and has not been independently verified. The information presented or contained in these materials is subject to change without notice. No representation or warranty, express or implied, is made and no reliance should be placed on the truth, accuracy, fairness, completeness or reasonableness of the information or sources presented or contained in these materials. By viewing or accessing these materials, the recipient hereby acknowledges and agrees that neither the Company nor any of its directors, officers, employees, affiliates, agents, advisers or representatives accepts any responsibility for or makes any representation or warranty, express or implied, with respect to the truth, accuracy, fairness, completeness or reasonableness of the information contained in, and omissions from, these materials and that neither the Company nor any of its directors, officers, employees, affiliates, agents advisers or representatives accepts any liability whatsoever for any loss howsoever arising from any information presented or contained in these materials. These materials contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers about the future, which can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statements as a result of various factors and assumptions, many of which are beyond the Company’s control. Neither the Company nor any of its directors, officers, employees, affiliates, agents, advisors or representatives has any obligation to, nor do any of them undertake to, revise or update the forward-looking statements contained in this presentation to reflect future events or circumstances. This document also contains non-GAAP financial measures, the presentation of which is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with accounting principles generally accepted in the United States of America. In addition, the Company’s calculation of these non-GAAP financial measures may be different from the calculation used by other companies, and therefore comparability may be limited. The reconciliation of those measures to the most comparable GAAP measures is contained within this document or the earnings press release. This document speaks as of September 30 th , 2019, unless otherwise indicated. Neither the delivery of this document nor any further discussions of the Company with any of the recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company 1 since that date.

Content 1 2 3 4 5 Business Market Sectors Financials Appendix Opportunity 2 Making life simple

Classifieds marketplace: a globally proven model (1) Axel Company Recruit 58 Zillow Seek Ebay Prosus Adevinta REA Scout24 Rightmove Springer Ticker 6098.T WUBA SPR.DE Z SEK.AX EBAY PRX.AS ADEB.OL REA.AX G24.DE RMV.L 3,009 (HR Classifieds Technology) Revenues 1,914 1,349 1,281 1,058 1,022 954 662 602 592 345 (USD in million) 6,640(Media & Solutions) Classifieds 15% 23% (3) 45%-55% (4) 46% (5) EBITDA/Adj. 40% 19% 30% 25% 57% 55% 76% 24% EBITDA% (2) Market Cap 57,010 8,002 7,660 7,008 5,475 28,807 112,770 7,627 9,840 6,579 6,725 (USD in million) # of Countries 60 (HR Tech) 1 ~20 mainly US 18 >10 38 16 8 18 1 Indeed 58 Stepstone Zillow Seek Gumtree OLX Leboncoin Realstate IS24 Rightmove Rikunabi Anjuke Seloger Trulia Jora Kijiji Avito Shpock iPorperty AS24 Key Brands Suumo Immowelt Zhaopin Mobile.de Letgo Infojobs realtor (1) Financial numbers represent latest fiscal year ending at December 31 st , 2018, except Seek/REA and Prosus/Recruit ending at June 30 th , 2019 and March 31 st , 2019 respectively; Financials are converted to USD from non USD reporting currencies using middle rates announced by the State Administration of Foreign Exchange of the PRC on November 5 th ,2019; Market capitalization data as per Yahoo Finance and foreign currencies converted using middle rates announced by the State Administration of Foreign Exchange of the PRC on November 5 th ,2019; Non financial information from company filings and IR presentations (2) Classifieds EBITDA/Adj. EBITDA% from company filings and IR presentations with detail definitions (3) Non GAAP Op margin. See “Non - GAAP financial measures” at the end of this presentation (4) Data source: Elliott letter from enhancingebay.com (5) Prosus classified EBIDTA % 46% is delivered by monetization countries, excluding Letgo, data source: Naspers & Prosus IR presentation 3 Making life simple

58: The largest classifieds marketplace in China Horizontal Classifieds • Jobs • Real Estate • Yellow pages and local services 58 Town Ganji • Automotive • Internal incubated • Acquired Verticals (1) Jia Xiao Anjuke Zhuan Zhuan ChinaHR 58 Daojia 58 Freight Guazi Mao Dou Yi Dian Tong • Housing • Used goods trading • Recruitment • Drive training & • Domestic home • Intra-city freight • C2C used car • New car trading • Secondary & • C2C/C2B2C • White-collar focus • Internal incubated • Internal incubated exam preparation services trading • Internal incubated • Acquired • Acquired • Internal incubated • Internal incubated primary mainly & deconsolidated & deconsolidated • Acquired & deconsolidated & deconsolidated 1.9 billion USD 23% ~85% >500 million Mobile PV (4) 2018 Revenues (2) 2018 Non-GAAP Op Margin (3) App annual unique users (5) (1) We hold 68.8% of equity interests in 58 Home on an as-converted basis and 58 Home holds 89.7% in 58 Daojia and 56.4% in 58 Freight as of September 30 th , 2019. We also hold approximately 16.4% equity interests in Che Hao Duo, which contains Guazi and Mao Dou as of September 30 th , 2019 (2) RMB6.8632 to US$1.00, which was the U.S. dollars middle rate announced by the State Administration of Foreign Exchange of the People's Republic of China (PRC) on December 28 th , 2018 (3) Non-GAAP operating margin is defined as Non-GAAP income/(loss) from operations divided by revenues. Non-GAAP Operating income(loss) is defined as income(loss) from operations excluding share- based compensation expenses and amortization of intangible assets resulting from business acquisitions. See “Non -GAAP fina ncial measures” at the end of this presentation (4) Average monthly page views on mobile applications and mobile browser-based pages as a percentage of total monthly page views in 2018. Page views refer to those of listing and landing pages (5) The number of annual unique users is defined as the number of accesses by unique mobile device IDs to our mobile apps in 2018, which is calculated as the aggregate of the number of unique mobile device IDs that accessed each of our mobile apps in that period 4 Making life simple