Michael YAO

   

release time：2017-03-05 16:56:45  view count：61120  source：Boao Forum for Asia

CEO of 58.com

Michael Yao is the CEO of 58.com. In 2001,he and his partners founded the educational institution—Xueda, which went public on New York Stock Exchange on November in 2010.In 2005, Yao has founded 58.com which went public on New York Stock Exchange on October 31th, 2013.In 2015, 58.com achieved mergers and acquisitions of Anjuke.com ,ChinaHR.com and ganji.com. Besides, it incubated many industry-leading brands, like 58Home, Zhuanzhuan.com and so on. The company has now grown up to be the largest supplier for internet classification information and localized life service provider in China, with total market value of 10 billion US dollars. There are more than 27 branch offices and 30,000 staff members nationwide, establishing network platform in more than 400 cities, which is also one of the internet enterprises serving most of the users in China.