Overview
TrueUp
Trajectory Score
45
/100
Business
Local consumer marketplace
Owned by Warburg Pincus / General Atlantic
Founded
21 years ago
2005
Employees
6,000
TrueUp
Rank
#336
Valuation
$8.7 billion
TrueUp
Rank
#412
Company type
Private - PE-Backed
58.com is a Local consumer marketplace company. It is currently valued at $8.7 billion as a private company. 6,000 people work at 58.com. The company was founded in 2005.
Company grid
Employee happiness →
Growth →
🚀
🐢
😊
😟
Jobs
No job info
Financials
Valuation
$8.7billion
Tech Unicorn
Last round - Jan 2011
Most recent funding
15 years ago
💸 ZIRP-era funding
Total funding
$877 million
Value 'created' (valuation - total funding)
+$7.8 billion
Lead Investor - Series A
SAIF Partners
Valuation per employee
$1.5 million
Culture
Employee sentiment
Would recommend company
45%
20+ reviews
Sources: TrueUp, Glassdoor, Blind
Worse than 85% of tech co's
People
Employees
6,000
Layoffs
May 2023 · 3 years ago
10,000 impacted30%
Top posts
Other info
IPO date
Oct 31, 2013
13 years ago
Compare to other companies