| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
233 | 173 | 483 | 111 | 60 | 10 | 42 |
Restricted cash-current | ||||||
14 | 166 | 4 | 1 | 0 | - | - |
Term deposits | ||||||
0 | 3 | 0 | 281 | 152 | 0 | 0 |
Short-term investments | ||||||
526 | 120 | 41 | 216 | 98 | 24 | 3 |
Accounts receivable (net of allowance for doubtful accounts of RMB51,719 and RMB62,736 as of December 31, 2016 and 2017, respectively) | ||||||
102 | 61 | 54 | 6 | 4 | 3 | 2 |
Amounts due from related parties | ||||||
- | - | - | - | - | 2 | 0 |
Prepayments and other current assets | ||||||
100 | 61 | 76 | 24 | 9 | 6 | 8 |
Total current assets | ||||||
976 | 585 | 660 | 640 | 324 | 47 | 57 |
Non-current assets: | ||||||
Property and equipment, net | ||||||
206 | 213 | 123 | 17 | 6 | 7 | 6 |
Intangible assets, net | ||||||
200 | 220 | 271 | 0 | 0 | 0 | 0 |
Land use rights, net | ||||||
0 | 0 | 0 | 0 | - | - | - |
Goodwill | ||||||
2,427 | 2,292 | 2,461 | 0 | - | - | - |
Restricted cash-non current | ||||||
121 | - | - | - | - | - | - |
Long-term investments | ||||||
276 | 305 | 391 | 23 | 0 | - | - |
Long-term prepayments and other non-current assets | ||||||
115 | 32 | 159 | 21 | 2 | 1 | 1 |
Total non-current assets | ||||||
3,349 | 3,065 | 3,406 | 63 | 8 | 9 | 8 |
Total assets | ||||||
4,325 | 3,650 | 4,067 | 703 | 333 | 56 | 65 |
LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS EQUITY | ||||||
Current liabilities: | ||||||
Short-term loans | ||||||
11 | 265 | 275 | 0 | - | - | - |
Accounts payable (including accounts payable of the consolidated variable interest entities ("VIEs") without recourse to the Company of RMB199,618 and RMB171,306 as of December 31, 2016 and 2017, respectively) | ||||||
95 | 88 | 101 | 16 | 8 | 11 | 19 |
Deferred revenues (including deferred revenues of the consolidated VIEs without recourse to the Company of RMB859,956 and RMB872,148 as of December 31, 2016 and 2017, respectively) | ||||||
325 | 266 | 207 | 95 | 55 | 28 | 15 |
Customer advances (including customer advances of the consolidated VIEs without recourse to the Company of RMB296,595 and RMB288,953 as of December 31, 2016 and 2017, respectively) | ||||||
208 | 178 | 151 | 35 | 21 | 11 | 3 |
Taxes payable (including taxes payable of the consolidated VIEs without recourse to the Company of RMB14,740 and RMB53,629 as of December 31, 2016 and 2017, respectively) | ||||||
28 | 8 | 10 | 7 | 2 | 1 | 1 |
Salary and welfare payable (including salary and welfare payable of the consolidated VIEs without recourse to the Company of RMB254,958 and RMB233,692 as of December 31, 2016 and 2017, respectively) | ||||||
82 | 79 | 79 | 28 | 17 | 12 | 8 |
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of the consolidated VIEs without recourse to the Company of RMB205,441 and RMB190,498 as of December 31, 2016 and 2017, respectively) | ||||||
105 | 104 | 335 | 13 | 8 | 3 | 1 |
Total current liabilities | ||||||
857 | 991 | 1,160 | 196 | 113 | 69 | 50 |
Non-current liabilities: | ||||||
Long-term loans | ||||||
118 | 21 | - | - | - | - | - |
Deferred tax liabilities (including deferred tax liabilities of the consolidated VIEs without recourse to the Company of RMB329,611 and RMB282,603 as of December 31, 2016 and 2017, respectively) | ||||||
48 | 53 | 66 | 0 | - | - | - |
Other non-current liabilities (including other non-current liabilities of the consolidated VIEs without recourse to the Company of RMB nil as of both December 31, 2016 and 2017) | ||||||
2 | 10 | 3 | 0 | - | - | - |
Total non-current liabilities | ||||||
170 | 85 | 70 | 0 | - | - | - |
Total liabilities | ||||||
1,027 | 1,077 | 1,230 | 196 | 113 | 69 | 50 |
Commitments and contingencies (Note 27) | ||||||
0 | 0 | 0 | 0 | - | 0 | 0 |
Mezzanine equity: | ||||||
Mezzanine classified noncontrolling interests | ||||||
265 | 12 | 15 | 0 | - | - | - |
Total mezzanine equity | ||||||
265 | 12 | 15 | 0 | - | 139 | 129 |
58.com Inc. shareholders' equity: | ||||||
Ordinary shares (US$0.00001 par value, 5,000,000,000 (including 4,800,000,000 Class A and 200,000,000 Class B) shares authorized as of both December 31, 2016 and 2017; 289,670,997 (including 240,930,737 Class A and 48,740,260 Class B) and 293,965,131 (including 245,924,871 Class A and 48,040,260 Class B) shares issued and outstanding as of December 31, 2016 and 2017, respectively) | ||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 |
Additional paid-in capital | ||||||
3,265 | 3,013 | 3,353 | 624 | 359 | 0 | 0 |
Accumulated deficit | ||||||
-258 | -442 | -365 | -115 | -138 | -152 | -113 |
Accumulated other comprehensive loss | ||||||
-8 | -19 | -172 | -1 | -0 | -0 | 0 |
Total 58.com Inc. shareholders equity | ||||||
2,998 | 2,551 | 2,814 | 507 | 220 | -152 | -113 |
Noncontrolling interests | ||||||
33 | 9 | 7 | 0 | - | - | - |
Total shareholders' equity | ||||||
3,032 | 2,561 | 2,821 | 507 | - | - | - |
Total liabilities, mezzanine equity and shareholders' equity | ||||||
4,325 | 3,650 | 4,067 | 703 | 333 | 56 | 65 |