58同城 (www.58.com) is a network platform focusing on the classified information market in China, which was developed by Beijing 58 Information Technology Co., Ltd. in 2005. The staff of core departments such as the CEO, product planning, technical development, market operation and business development all come from well-known domestic network companies. In March 2006, the website reached a partnership with Tencent QQ, a leading Chinese Internet technology company, and exclusively operated the QQ Bulletin Channel. In March 2006, it also received several million US dollars investment from the famous risk investor Softbank Asia Infrastructure Fund. Currently, the website is developing rapidly and stays at the leading position in the field of classified information.