Common use of Variable Interest Entities Clause in Contracts

Variable Interest Entities. The Company controls its variable interest entity, Beijing 58 Information Technology Co., Ltd., through a series of contractual arrangements (“Control Contracts”), and there is no enforceable agreement or understanding to rescind, amend or change the nature of such captive structure or the terms of the Control Contracts, except as may be disclosed in the SEC Documents.

Variable Interest Entities. The Company controls its variable interest entity, Beijing 58 Information Technology Co., Ltd.Ltd. and its subsidiaries, through a series of contractual arrangements (“Control Contracts”), and there is no enforceable agreement or understanding to rescind, amend or change the nature of such captive structure or the terms of the Control Contracts, except as may be disclosed in the SEC Documents.