Startups
58.com Inc. operates China's largest online market place for classifieds, as measured by monthly unique visitors on both its www.58.com website and mobile applications. The Company's online marketplace enables local business users and consumer users to connect, share information and conduct business. 58.com's broad, in-depth and high quality local information, combined with its easy-to-use website and mobile applications, has made it a trusted marketplace for consumers. 58.com's strong brand recognition, large and growing user base, merchant network and massive database of local information create a powerful network effect.
Overview
Employees
10001+
Founded date
2005
Investors 4
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| General Atlantic | generalatlantic.com | |
| Kohlberg Kravis Roberts | kkr.com | |
| Warburg Pincus | warburgpincus.com |
Mentions in press and media 22
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jun 29, 2026 | X Square Robot Secures Four Consecutive Financing Rounds, Surpasses US$2.8 Billion Valuation in Push for Physical AI Foundation Models | New funding supports development of embodied AI foundation models, commercial deployments and integrated robotics infrastructure, only embodied AI company backed by all four major Chinese internet technology leaders SHENZHEN, China, June 29... |
| Jun 29, 2026 | X Square Robot Closes Four Funding rounds Ending in Series C at Over US$2.8 Billion Valuation | X Square Robot, a Shenzhen, China-based developer of end-to-end embodied artificial intelligence systems and robotics hardware, closed four consecutive funding rounds ending in a Series C at a valuation of over US$2.8 billion (RMB 20 billio... |
| Jun 29, 2026 | X Square Robot Secures Four Consecutive Financing Rounds, Surpasses US$2.8 Billion Valuation in Push for Physical AI Foundation Models | , an embodied AI company developing general-purpose embodied intelligence robots and foundation models for real-world environments, announced the closing of four consecutive financing rounds culminating in a Series C, bringing its valuation... |
| Jun 29, 2026 | X Square Robot Surpasses $2.8 Billion Valuation After Four Consecutive Financing Rounds | X Square Robot announced the closing of four consecutive financing rounds, culminating in a Series C that brought its valuation to more than $2.8 billion. The company said the financing positions it among China’s highest-valued embodied AI ... |
| May 18, 2026 | X Square Robot Named to Forbes China 2026 AI Tech Enterprises Top 50 | SHENZHEN, China, May 18, 2026 /PRNewswire/ -- On May 18, 2026, Forbes China released its 2026 Forbes China AI Tech Enterprises Top 50 list, recognizing X Square Robot, a leading company in general-purpose embodied AI and humanoid robotics, ... |
| Apr 22, 2026 | X Square Robot raises 2b yuan in series B financing | X Square Robot founder and CEO Wang Qian gives a presentation at the company's event held in Beijing on April 21. (Photo provided to chinadaily.com.cn) X Square Robot, a general-purpose embodied intelligence startup, said on Tuesday that it... |
| Apr 3, 2026 | Tokens becoming key to woo top AI talent | Visitors gather at the booth of Qwen, Alibaba's LLM, during a high-tech expo in Shanghai on March 15. CHEN YUYU/FOR CHINA DAILY A new idea gaining traction among global and Chinese tech companies is putting tokens — the smallest unit of dat... |
| Apr 2, 2026 | X Square Robot Hosts Inaugural EAIDC 2026, Advancing Real-World Deployment of Embodied AI | SHENZHEN, China, April 2, 2026 /PRNewswire/ -- X Square Robot, an emerging leader in embodied AI and humanoid robotics, announced the successful conclusion of the world's first Embodied AI Developers Conference (EAIDC 2026), the first globa... |
| Mar 18, 2026 | X Square Robot and 58.com Launch China's First Home Cleaning Robot Service in Shenzhen | The partnership marks a breakthrough for embodied intelligence in everyday life applications. SHENZHEN, China, March 18, 2026 /PRNewswire/ -- X Square Robot, a pioneer in general-purpose embodied intelligence, today announced a partnership ... |
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FAQ about 58.com
When was 58.com founded?
58.com was founded in 2005.
Who has invested in 58.com?
Parsers VC lists 4 investors of 58.com, among them General Atlantic, Kohlberg Kravis Roberts and Warburg Pincus.
What has the press written about 58.com?
Parsers VC has collected 22 articles mentioning 58.com, among them “X Square Robot Secures Four Consecutive Financing Rounds, Surpasses US$2.8 Billion Valuation in Push for Physical AI Foundation Models” (Jun 29, 2026) and “X Square Robot Closes Four Funding rounds Ending in Series C at Over US$2.8 Billion Valuation” (Jun 29, 2026).
Is 58.com still active?
Yes, 58.com is active; its latest activity on Parsers VC dates from Aug 25, 2026.