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  "documentTitle": "58.com Inc. (WUBA)",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-02-01 00:00:00",
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  "notes": "The slide highlights a discrepancy in reporting methodology and a trend of slowing growth.",
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      "text": "Paying Membership Accounts # ('000) and its Sequential Growth Rate",
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      "text": "Although the company reported that its number of paying users was 3.6 million as of Q3 2019, which was 3.0% up year-over-year, the growth was actually flat quarter-over-quarter.",
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      "text": "source: Annual reports and quarterly earnings releases; note: The company changed its paying member count starting in Q1 2019.",
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