|Bid||52.01 x 3000|
|Ask||59.68 x 800|
|Day's range||55.68 - 56.90|
|52-week range||49.93 - 77.13|
|Beta (3Y monthly)||1.58|
|PE ratio (TTM)||27.45|
|Earnings date||12 Nov. 2019 - 18 Nov. 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||66.52|
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we're going to take a look at the well-established 58.com Inc. (NYSE:WUBA). The compan...
The latest earnings release 58.com Inc.'s (NYSE:WUBA) announced in December 2018 showed that the company gained from a sizeable tailwind, eventuat...
Why JD.com Popped ~10% TodayJD.com This morning, Chinese e-commerce giant JD.com (JD) was trading on a strong bullish note. Earlier today, the company’s ADS (American depository share) posted a high of $28.52 for the day, up about 9.8% from
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58.com, the Craigslist of China, is making a massive push to pick up rural users as it hedges China's economic uncertainties. The classifieds giant said in Thursday's earnings call that it added more than 100 million new users in 2018 for 58 Town, its app aimed at the new wave of internet users outside China’s megacities. Continued growth in the less developed regions, the firm believes, will act as a buffer against China's economic uncertainties. “Despite an uncertain macroeconomic environment, the China market remains massive and we continue to see enormous opportunities in lower-tier cities and towns where product innovation and technological advances are driving offline-to-online user conversion and substantially improving the services we can offer,” said the firm's chief executive officer and chairman Michael Yao.
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