Replies to post #47 on Equity Field Notes from temporal sources

[DanWebzster]

WUBA

Craigslist of China

Strategy = sacrifice today's margins for tomorrow's market share

Business Model:

* Merchants pay re-occurring fees fro preferential
listings/storefront
* Real-time bidding and priority listing fees

Natural winner takes all industry confirmed by Tencent minority investment

With increasing market dominance will gain ability to increase margins from ~20% to 50%

Ancillary Business:
* Chinese Task Rabbit
* Online Used Auto Trader
* Chinese Air BnB