 Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of 58.com Inc. NYSE: WUBA to a consortium of investors including Warburg Pincus Asia LLC, General Atlantic Singapore Fund Pte. Ltd. and Ocean Link Partners Limited including their respective affiliated investment entities, Jinbo Yao, the Chairman and Chief Executive Officer of 58.com, and Internet Opportunity Fund LP collectively, the Consortium is fair to 58.com shareholders. On behalf of 58.com shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. 