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  "documentTitle": "58.com Inc. (WUBA)",
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  "sourceTypeLabel": "Short seller",
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  "notes": "The chart shows a transition in reporting methodology starting in Q1 2019 (green bars).",
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      "text": "Secondly, the company's gross margin declined sequentially in Q3 2019, reaching its second lowest level since the company started reporting earnings in Q3 2013.",
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      "text": "Year-over-Year Growth Rate: 3.0%",
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      "text": "Secondly, the company's gross margin declined sequentially in Q3 2019, reaching its second lowest level since the company started reporting earnings in Q3 2013.",
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      "text": "Because about 64.6% of subscription-based paying members purchased the company's online marketing services in 2018, the number of paying members could also impact another business segment, Online Marketing Services, which accounted for 63.0% of the company's total revenue in both Q4 2018 and full year 2018.",
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      "text": "Why this is important? The company's subscription-based paying membership business accounted for 31.1% of the company's total revenues for Q4 2018, and accounted for 33.5% of its total revenue for the 2018.",
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      "text": "On average, approximately 64.6% of our quarterly subscription-based paying membership accounts purchased our online marketing services in 2018 as compared to 60.2% in 2017. — 58.com 2018 20F",
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      "text": "source: Annual reports and quarterly earnings releases",
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      "text": "note: The company changed its paying member count disclosure starting in Q1 2019. The green columns are reported and derived paying member count based on Q1 2019 release and quarters afterwards",
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      "text": "Paying Membership Accounts # ('000) and its Year-over-Year Growth Rate",
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