 58.com Inc. NYSE: WUBA 58.com or the Company, Chinas largest online classifieds marketplace, today announced that its Board of Directors the Board has formed a special committee the Special Committee consisting of two independent directors, Mr. Robert Frank Bob Dodds Jr. and Ms. Lily Li Dong, to evaluate and consider the previously announced preliminary non-binding acquisition proposal letter dated April 2, 2020 the Proposal or any alternative strategic option that the Company may pursue. 