China’s 58.com recently published its financial report for the first quarter ended March 31, 2020, stating that the company realized operating revenue of about CNY2.56 billion during the reporting period, a year-on-year decrease of about 15%; and its gross margin was 87.9%. According to the report, 58.com’s operating losses were CNY55.8 million and its net [ࢀ¦] 58.com Operating Revenue Down 15% In Q1 2020 comes via ChinaTechNews.com.
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