Exhibit 4.14


 


Execution Version


 


INVESTOR RIGHTS AGREEMENT



dated as of June 30, 2014



among



58.COM INC.,



OHIO RIVER INVESTMENT LIMITED



and



CERTAIN OTHER PARTIES NAMED HEREIN


 











    	 



    	 



    

 


TABLE OF CONTENTS








 



   





	Article
1	 
	Definitions	 
	 	 
	Section 1.01.  Definitions	1
	Section 1.02.  Other Definitional and Interpretative Provisions	5
	 	 
	Article
    2	 
	Corporate Governance	 
	 	 
	Section 2.01.  Board Representation	6
	Section 2.02.  Investor Observer	7
	Section 2.03.  Expenses and Indemnification.	7
	Section 2.04.  No Inconsistent Amendments.	8
	Section 2.05.  Actions Requiring Consent.	8
	Section 2.06.  Termination of Governance Rights	8
	 	 
	Article
    3	 
	Transfer Restriction; Preemptive Rights; Registration Rights	 
	 	 
	Section 3.01.  Transfer Restriction.	9
	Section 3.02.  Preemptive Rights	9
	Section 3.03.  Termination of Rights	11
	Section 3.04.  Registration Rights	11
	 	 
	Article
    4	 
	Certain Covenants and Agreements	 
	 	 
	Section 4.01.  Additional Founder Parties	11
	Section 4.02.  Conflicting Agreements	11
	Section 4.03.  Performance of Company Obligations	11
	 	 
	Article
    5	 
	Miscellaneous	 
	 	 
	Section 5.01.  Binding Effect; Assignability; Benefit	11
	Section 5.02.  Notices	12
	Section 5.01.  Severability	14
	Section 5.02.  Entire Agreement	14
	Section 5.03.  Counterparts	14
	Section 5.04.  Descriptive Headings	14
	Section 5.05.  Amendment; Termination	14







  




    	 



    	 



    

 


	Section 5.06.  Governing Law	14
	Section 5.07.  Arbitration	15
	Section 5.08.  Expenses	15
	Section 5.09.  Further Assurances	15


 


Schedules and Exhibits


 


	Schedule 1	Registration Rights
	Exhibit A	Form of Joinder Agreement


 




    	 



    	 



    

 


INVESTOR RIGHTS AGREEMENT


 


INVESTOR RIGHTS AGREEMENT, dated as of June
30, 2014 (this “Agreement”), among (1) 58.com Inc., a company incorporated under the laws of the Cayman Islands
(the “Company”), (2) Jinbo Yao (the “Founder”), (3) Nihao China Corporation (together with
the Founder, the “Founder Parties”), and (4) Ohio River Investment Limited, a company organized under the laws
of the British Virgin Islands (the “Investor”).


 


WITNESSETH:


 


WHEREAS, pursuant to the Investment Agreement,
dated as of June 27, 2014 (the “Investment Agreement”), between the Company and the Investor, the Investor will
has agreed to acquire certain Company Securities (as defined below); and


 


WHEREAS, in connection with the consummation
of the transactions contemplated by the Investment Agreement, the parties hereto desire to enter into this Agreement to govern
certain of their rights, duties and obligations after consummation of the transactions contemplated by the Investment Agreement.


 


NOW, THEREFORE, in consideration of the
foregoing and the mutual covenants and agreements herein contained, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows:


 


Article
1

Definitions


 


Section 1.01. Definitions. (a) As
used in this Agreement, the following terms have the following meanings:


 


“Adverse Person” means
such Persons to be mutually agreed and designated in writing by the Investor and the Company from time to time, and including such
Persons’ Affiliates, and any Person in which any of such Persons (together with their Affiliates) directly or indirectly,
hold at least 50% voting interest or own at least 50% beneficial interest at any time.


 


“Affiliate” means, with
respect to any Person, any other Person directly or indirectly controlling, controlled by or under common control with such Person.
For purposes of this definition, “control” when used with respect to any Person means the power to direct the
management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract
or otherwise, and the terms “controlling” and “controlled” have correlative meanings.


 




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“Aggregate Ownership”
means, with respect to any Person, the total number of Ordinary Share Equivalents which are, directly or indirectly, through any
contract, arrangement, understanding, relationship or otherwise, held by such Person (including any of its Permitted Transferees)
as of the date of such calculation.


 


“Aggregate Ownership Percentage”
means, with respect to the Investor, the quotient (expressed as a percentage) obtained by dividing (i) the Aggregate Ownership
held by the Investor by (ii) the Aggregate Ownership of all holders of Ordinary Shares.


 


“Applicable Law” means,
with respect to any Person, any transnational, domestic or foreign federal, state or local law (statutory, common or otherwise),
constitution, treaty, convention, ordinance, code, rule, regulation, order, injunction, judgment, decree, ruling or other similar
requirement enacted, adopted, promulgated or applied by a Governmental Authority that is binding upon or applicable to such Person,
as amended unless expressly specified otherwise.


 


“Board” means the board
of directors of the Company.


 


“Business Day” means
a day, other than Saturday, Sunday or other day on which commercial banks in New York, New York, the Cayman Islands, Hong Kong
or the PRC are authorized or required by Applicable Law to close.


 


“Change of Control” means
the occurrence of (i) the consummation of any transaction or series of related transactions (including, without limitation, any
merger, consolidation or other business combination), the result of which is that any Person or group becomes the beneficial owner,
directly or indirectly, of more than 50% of the then outstanding number of shares of the Company’s Ordinary Share Equivalents
or voting rights; (ii) the consummation of any transaction or series of related transactions (including, without limitation, any
merger, consolidation or other business combination), the result of which is that any Person or group acquires the power to appoint
and/or remove all or the majority of the members the Board, in each case whether obtained directly or indirectly, and whether obtained
by ownership of capital, the possession of voting rights, contract or otherwise; (iii) any sale or disposition, directly or indirectly,
of all or substantially all of the assets of the Company and its Subsidiaries, taken as a whole; or (iv) an exclusive licensing
of all or substantially all of the intellectual property of the Company and its Subsidiaries to any third party.


 




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“Class A Shares” means
Class A ordinary shares, par value US$0.00001 per share, in the share capital of the Company.


 


“Class B Shares” means
the Class B ordinary shares, par value US$0.00001 per share, in the share capital of the Company.


 


“Closing” means the consummation
of the transactions contemplated by the Investment Agreement.


 


“Company Securities”
means (i) Ordinary Shares, (ii) securities convertible into or exchangeable for Ordinary Shares, (iii) any options, warrants or
other rights to acquire Ordinary Shares and (iv) any depository receipts or similar instruments issued in respect of Ordinary Shares.


 


“Exchange Act” means
the U.S. Securities Exchange Act of 1934, as amended, and any rules and regulations promulgated thereunder.


 


“Existing Shareholders Agreement”
means the Amended and Restated Shareholders’ Agreement dated August 4, 2011 by and among the Company and certain other parties
named therein.


 


“Governmental Authority”
means any international, domestic or foreign federal, state or local governmental, regulatory or administrative authority, department,
court, agency or official, including any political subdivision thereof.


 


“Hong Kong” means the
Hong Kong Special Administrative Region of the PRC.


 


“Initial Investor Ownership
Percentage” means the quotient (expressed as a percentage) obtained by dividing (i) the Aggregate Ownership of the Investor
as of the date of such calculation by (ii) the Aggregate Ownership of the Investor as of the Closing (as proportionally adjusted
to give effect to any stock split, stock dividend, recapitalization or any similar transaction after the Closing).


 


“Memorandum and Articles”
means the Memorandum and Articles of Association of the Company in effect from time to time.


 


“Ordinary Share Equivalents”
means (i) with respect to Ordinary Shares, the number of Ordinary Shares and (ii) with respect to any Company Securities that are
convertible into or exchangeable for Ordinary Shares, the number of Ordinary Shares issuable in respect of the conversion or exchange
of such securities into Ordinary Shares.


 




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“Ordinary Shares” means
the Class A Shares and the Class B Shares, and any other security into which such Ordinary Shares may hereafter be converted or
changed.


 


“Person” means an individual,
corporation, partnership, limited liability company, association, trust or other entity or organization, including a Government
Entity.


 


“PRC” means the People’s
Republic of China, but, for the purposes of this Agreement, shall not include Hong Kong, the Macau Special Administrative Region
or Taiwan.


 


“Securities” means any
shares, stocks, debentures, funds, bonds, notes or any rights, warrants, options or interests in respect of any of the foregoing
or any other derivatives or instruments having similar economic effect.


 


“Securities Act” means
the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.


 


“Shareholder” means at
any time, any Person who is a record holder of Company Securities.


 


“Subsidiary” means any
entity of which a majority of the outstanding equity securities or other ownership interests representing a majority of the outstanding
equity interests or otherwise having ordinary voting power to elect a majority of the board of directors or other Persons performing
similar functions are at the time directly or indirectly owned by the Company. For the avoidance of doubt, the Subsidiaries of
the Company shall include any variable interest entity over which the Company or any of its Subsidiaries effects control pursuant
to contractual arrangements and which is consolidated with the Company in accordance with generally accepted accounting principles
applicable to the Company.


 


“Third Party” means,
with respect to a proposed Transfer of Company Securities by a Person, any Person who is not a Permitted Transferee of such Person.


 


“Transaction Documents”
mean this Agreement, the Investment Agreement, and each of the other agreements and documents entered into or delivered by the
parties hereto in connection with the transactions contemplated by the Investment Agreement.


 




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“Transfer” means, with
respect to any Company Securities, (i) when used as a verb, to, directly or indirectly, sell, assign, dispose of, exchange, pledge,
encumber, hypothecate or otherwise transfer such Company Securities or any participation or interest therein, whether directly
or indirectly (including pursuant to a derivative transaction or a transfer of ownership or beneficial interests in a direct or
indirect holder of such Company Securities), or agree or commit to do any of the foregoing and (ii) when used as a noun, a direct
or indirect sale, assignment, disposition, exchange, pledge, encumbrance, hypothecation, or other transfer of such Company Securities
or any participation or interest therein or any agreement or commitment to do any of the foregoing.


 


“U.S.” means the United
States of America.


 


(b)          Each
of the following terms is defined in the Section set forth opposite such term:


 


	Term	 	Section
	Agreement	 	Preamble
	Cause	 	2.01(d)
	Company	 	Preamble
	Exercise Notice	 	3.02(b)
	Founder	 	Preamble
	Founder Parties	 	Preamble
	HKIAC	 	5.07
	Investor Director	 	‎2.01(a)
	Investor Observer	 	2.02
	Issuance Notice	 	3.02
	Permitted Transferee	 	4.01
	Rules	 	5.07
	Investment Agreement	 	Preamble
	Subject Securities	 	3.02
	Subscriber	 	3.02


 


Section 1.02. Other Definitional and
Interpretative Provisions. The words “hereof”, “herein” and “hereunder”
and words of like import used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of
this Agreement. The captions herein are included for convenience of reference only and shall be ignored in the construction or
interpretation hereof. References to Articles, Sections, Clauses, Annexes, Exhibits and Schedules are to Articles, Sections, Clauses,
Exhibits and Schedules of this Agreement unless otherwise specified. All Annexes, Exhibits and Schedules annexed hereto or referred
to herein are hereby incorporated in and made a part of this Agreement as if set forth in full herein. Any capitalized terms used
in any Exhibit or Schedule but not otherwise defined therein, shall have the meaning as defined in this Agreement. Any singular
term in this Agreement shall be deemed to include the plural, and any plural term the singular. Whenever the words “include”,
“includes” or “including” are used in this Agreement, they shall be deemed to be followed
by the words “without limitation”, whether or not they are in fact followed by those words or words of like
import. “Writing”, “written” and comparable terms refer to printing, typing and other means
of reproducing words (including electronic media) in a visible form. References to any Person include the successors and permitted
assigns of that Person. References from or through any date mean, unless otherwise specified, from and including or through and
including, respectively. References to “law”, “laws” or to a particular statute or law shall
be deemed also to include any and all Applicable Law. References to any statute shall be deemed to refer to such statute as amended
from time to time and to any rules or regulations promulgated thereunder. References to “dollars” or “$”
shall refer to U.S. dollars. References from or through any date mean, unless otherwise specified, from and including or through
and including, respectively.


 




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Article
2

Corporate Governance


 


Section 2.01. Board Representation. 
(a) The Investor shall be entitled to designate one (1) director to the Board (such director, or such other individual who may
be designated by the Investor from time to time, the “Investor Director”), and the Company shall promptly cause,
and the Founder Parties shall promptly take actions to support and otherwise agree not take any action to prevent, the appointment
or election of such Investor Director to the Board, including, convening a meeting of the Board pursuant to the Memorandum and
Articles and appointing such Investor Director to the Board, and in the case of an election, (i) nominating such individual to
be elected as a director as provided herein, (ii) recommending to the Shareholders the election of such Investor Director to the
Board in any meeting of Shareholders to elect directors, (iii) including such nomination and recommendation regarding such individual
in the Company’s notice for any meeting of Shareholders to elect directors and (iv) if necessary, expanding the size of the
Board in order to appoint the Investor Director.


 


(b)          In
the event of the death, disability, retirement or resignation of the Investor Director (or any other vacancy created by removal
thereof), the Investor shall have the exclusive right to designate a replacement to fill such vacancy and serve on the Board, and
the Company shall cause the Board to appoint such individual to the Board (who shall, following such appointment, be the Investor
Director for purposes of this Agreement). Each Founder Party shall take actions to support, and otherwise agrees not to take any
action to prevent, any such appointment.


 




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(c)          At
any meeting of the Board or any annual general or other meeting of the Shareholders that may be held from time to time at which
the Investor Director is up for re-appointment to the Board, the Company shall cause the Board to re-appoint the Investor Director
to serve on the Board and shall use best efforts to ensure that the Investor Director is re-appointed by the Shareholders to the
Board pursuant to the terms of the Memorandum and Articles and any Applicable Law, and the Founder Parties shall not take any action
to prevent the re-appointment of such Investor Director to the Board.


 


(d)          Each
Founder Party agrees that, if at any time it is then entitled to vote for the removal of directors from the Board, it shall not
vote, or cause to be voted, or execute proxies or written consents, as the case may be, and the Company agrees that it shall not
take any action, in favor of the removal of the Investor Director unless such removal shall be for Cause. Removal for “Cause”
shall mean removal of a director because of such director’s (i) willful misconduct that is materially injurious, monetarily
or otherwise, to the Company or any of its Subsidiaries, (ii) conviction for, or guilty plea to, a felony or a crime involving
moral turpitude or (iii) abuse of illegal drugs or other controlled substances or habitual intoxication.


 


Section 2.02. Investor Observer.
If at any time the Investor Director is not a member of any committee of the Board (including without limitation, the audit committee,
the compensation committee and the nominating and corporate governance committee), the Investor Director shall have the right,
as a non-voting observer to any such committee of the Board (acting in such capacity, the “Investor Observer”),
to attend all meetings of, observe all deliberations of, and receive copies of materials provided to, any such committees, provided
that such Investor Observer shall have no voting rights with respect to actions taken or elected not to be taken by any such committees;
provided further that the chairman of such committee of the Board may, at his or her discretion, exclude the Investor
Observer from certain meetings of such committee or portions thereof if such chairman believes in good faith that excluding the
Investor Observer from such meetings is appropriate or necessary (and in such case, for the avoidance of doubt, also not provide
copies of any materials provided to any such committees in connection with such meetings or portions thereof).


 


Section 2.03. Expenses and Indemnification.
The Company agrees to reimburse the Investor Director for all reasonable out-of-pocket expenses incurred in connection with the
performance of his or her services as an Investor Director, including without limitation reasonable out-of-pocket expenses incurred
in attending meetings of the Board or any committee thereof, to the same extent as other members of the Board, and the Company
shall indemnify and hold harmless the Investor Director under indemnification arrangements and director and officer insurance coverage
equivalent to such arrangements and insurance coverage applicable to all non-employee directors of the Company or to which all
non-employee directors of the Company are entitled to receive.


 




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Section 2.04. No Inconsistent Amendments.
For so long as the Investor has the right to designate an Investor Director and except as otherwise required by Applicable Law,
the Company shall not amend its Memorandum and Articles in any manner (or take any similar action), and the Founder Parties agree
not to take any action, that would adversely affect in any material respect the Investor’s rights under this Article 2 or
the Company’s ability to comply with its obligations under this Article 2.


 


Section 2.05. Actions Requiring Consent.
Without the prior written approval of the Investor, to the extent permitted by Applicable Law, (x) the Company shall not take,
and shall cause each of its Subsidiaries not to take, any action (including any action by its board of directors or any committee
thereof or any action at a meeting of their shareholders or otherwise) with respect to, (y) each of the Founder Parties shall not
vote any of their Company Securities or execute proxies or written consents, as the case may be, in favor of (as applicable), any
of the following matters:


 


(a)          any
Change of Control with, involving or to any Adverse Person;


 


(b)          any
issuance of Company Securities or any equity securities by any Subsidiary of the Company to any Adverse Person other than an issuance
of such Company Securities in an underwritten public offering; or


 


(c)          approve,
authorize or enter into any agreement with respect to any of the foregoing.


 


Section 2.06. Termination of Governance
Rights. In the event that, any time after the date hereof, the Initial Investor Ownership Percentage is less than 50%, the
Investor’s rights under this Article 2 shall automatically terminate and be of no further force and effect.


 




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Article
3

Transfer Restriction; Preemptive Rights; Registration Rights


 


Section 3.01. Transfer Restriction.


 


(a)          Without
the Investor’s prior written consent, each Founder Party hereby agrees that during the period beginning on the date hereof
and ending on the date that is the third anniversary of the date hereof, it shall not Transfer any Company Securities held by any
Founder Party to an Adverse Person, including for the avoidance of doubt any Transfer effected through a repurchase or redemption
of a Founder Party’s Company Securities and the issuance of Company Securities to such Adverse Person or any similar structure
(or otherwise authorize, enter into any agreement, understanding or commitment with respect thereto), but not including any sale
by a Founder Party of Company Securities in an underwritten public offering or on the open market on the New York Stock Exchange.
Any attempt to Transfer any Company Securities not in compliance with this Section shall be null and void, and the Company shall
not, and shall cause any transfer agent or registrar not to, give any effect in the Company’s share register or equivalent
documents to such attempted Transfer, and no party hereto, including the Company, shall otherwise recognize any such Transfer,
sale or issuance or change in beneficial ownership of the Company.


 


(b)          The
Investor’s consent right in Section 3.01(a) shall automatically terminate and be of no further force and effect if at any
time after the date hereof until the date that is the third anniversary of the date hereof, it Transfers any Company Securities
owned as of the date hereof to any Person other than an Affiliate of Tencent Holdings Limited.


 


Section 3.02. Preemptive Rights.
 (a) Subject to Section 3.02(e), the Company shall, or shall cause its Subsidiaries, as the case may be, to give the Investor
notice (an “Issuance Notice”) of any proposed issuance by the Company of any Company Securities (together, “Subject
Securities”) at least ten Business Days prior to the proposed issuance date. The Issuance Notice shall specify the price
at which such Subject Securities are to be issued, the Person to which the Subject Securities shall be issued (the “Subscriber”)
and the other material terms of the issuance. Subject to Section 3.02(e), the Investor shall be entitled to purchase up to an amount
equal to its Aggregate Ownership Percentage (determined immediately before giving effect to the issuance) multiplied by the Subject
Securities proposed to be issued, at the price and on the terms specified in the Issuance Notice.


 


(b)          The
Investor may elect to purchase any or all of the amount equal to its Aggregate Ownership Percentage multiplied by the Subject Securities
specified in the Issuance Notice by delivering written notice to the Company (each, an “Exercise Notice”) of
its election to purchase such Subject Securities within ten Business Days following receipt of the Issuance Notice, specifying
the number (or amount) of Subject Securities to be purchased by the Investor and shall constitute exercise by the Investor of its
rights under this Section and a binding agreement of the Investor to purchase, at the price and on the terms specified in the Issuance
Notice, the number (or amount) of Subject Securities specified in the Exercise Notice. If, at the termination of such ten-Business-Day
period, the Investor shall not have delivered an Exercise Notice to the Company, the Investor shall be deemed to have waived all
of its rights under this Section 3.02 with respect to the purchase of such Subject Securities.


 




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(c)          The
Company or the applicable Subsidiary, as the case may be, shall have ninety days from the date of the Issuance Notice to consummate
the proposed issuance of any or all of such Subject Securities that the Investor has not elected to purchase to the Subscriber
at the price and upon terms that are not less favorable to the Company or such Subsidiary, as the case may be, than those specified
in the Issuance Notice; provided that, if such issuance is subject to regulatory approval, such 90-day period shall be extended
until the expiration of five (5) Business Days after all such approvals have been received. If the Company or the applicable Subsidiary,
as the case may be, proposes to issue any such Subject Securities after such 90-day period, it shall again comply with the procedures
set forth in this Section 3.02.


 


(d)          At
the consummation of the issuance of such Subject Securities, the Company shall issue upon the written request of the Investor,
certificates representing the Subject Securities to be purchased by the Investor registered in the name of the Investor, against
payment by the Investor of the purchase price for such Subject Securities in accordance with the terms and conditions as specified
in the Issuance Notice.


 


(e)         Notwithstanding
the foregoing, the Investor shall not be entitled to purchase Subject Securities as contemplated by this Section 3.02 in connection
with:


 


(i)          any
grant of options, restricted shares, performance units or the issuance of any Subject Securities pursuant to the exercise of share
options, restricted shares or performance units granted (whether prior to, on or after the date of this Agreement), pursuant to
any duly approved equity compensation, share purchase or share option plans of the Company in effect from time to time established
for the purpose of retaining and compensating employees, consultants, directors and other service providers of the Company, provided
that at the time of such issuance, the aggregate of all such issuances of Subject Securities under this subsection in the preceding
12 month-period does not represent an amount exceeding 20% of the then total outstanding share capital of the Company;


 


(ii)         Subject
Securities issued or issuable in connection with a bona fide business acquisition by the Company or its Subsidiaries with
a third party whether by merger, consolidation, sale of assets, sale or exchange of shares or otherwise; provided that at
the time of such issuance, the aggregate of all such issuances of Subject Securities under this subsection in the preceding 12
month-period does not represent an amount exceeding 20% of the then total outstanding share capital of the Company;


 






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(iii)        Subject
Securities issued or issuable to Persons with which the Company has bona fide business relations provided that the
primary purpose for such issuances is not equity financing; provided further that at the time of such issuance, the
aggregate of all such issuances of Subject Securities under this subsection in the preceding 12 month-period does not represent
an amount exceeding 1% of the then total outstanding share capital of the Company.








 


Section 3.03. Termination of Rights.
In the event that, any time after the date hereof, the Initial Investor Ownership Percentage is less than 50%, the Investor’s
rights under Section 3.02 shall automatically terminate and be of no further force and effect.


 


Section 3.04. Registration Rights. The
Investor shall have the rights, and the Company shall have the obligations, set forth in Schedule 1 hereto, provided
that the rights of the Investor under Clauses 3, 4 and 5 of Schedule 1 shall terminate and be of no further force and
effect at the earlier of (x) the fifth anniversary of the date hereof and (y) such time at which all Registrable Securities held
by the Investor (and any Associate of the Investor with whom the Investor must aggregate its ales under Rule 144 of the Securities
Act) proposed to be sold may be sold under Rule 144 of the Securities Act in any ninety (90)-day period without registration in
compliance with Rule 144 of the Securities Act.


 


Article
4

Certain Covenants and Agreements


 


Section 4.01. Additional Founder Parties.
Each of the Investor and each Founder Party agrees to cause any Affiliate to which it has validly Transferred any Company Securities
on or after the date of this Agreement in compliance with the terms of this Agreement (and who is not a party hereto) to execute
and deliver to the Company and each other party hereto, a Joinder Agreement in the form of Exhibit A hereto (each such Transferee,
a “Permitted Transferee”). 


 


Section 4.02. Conflicting Agreements.
The Company and each Founder Party agrees that it shall not enter into any agreement or arrangement of any kind with any Person
with respect to any Company Securities inconsistent with the provisions of this Agreement or for the purpose or with the effect
of denying or reducing the rights of the Investor under this Agreement.


 


Section 4.03. Performance of Company
Obligations. Without limitation of any provision of this Agreement, the Founder Parties shall (to the extent possible) vote
Company Securities held by such Founder Parties to support the Company to perform and comply with its obligations under this Agreement.


 






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ARTICLE
5

Miscellaneous


 


Section 5.01. Binding Effect; Assignability;
Benefit. (a) This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs,
successors, legal representatives and permitted assigns.


 


(b)         Neither
this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by any
party without the prior written consent of the other parties hereto; provided that except as otherwise specified herein,
the Investor may assign any right, remedy, obligation or liability arising under this Agreement or by reason hereof to any of its
Affiliates that executes and delivers to each party hereto a Joinder Agreement in the form of Exhibit A hereto.


 


(c)         Nothing
in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto, and their respective
heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities under or by reason
of this Agreement.








 


(d)             For
the avoidance of doubt, the Founder Parties agree that each of their obligations hereunder shall be joint and several with each
other.


 


Section 5.02. Notices. All notices,
requests and other communications to any party hereunder shall be in writing (including facsimile transmission and electronic mail
(“e-mail”) transmission, so long as a receipt of such e-mail is requested and received) and shall be given,


 


if to the Company, to:


 


58.com Inc.

Block E, The North American International Business Center

Yi 108 Beiyuan Road, Chaoyang District,

Beijing 100101 People’s Republic of China

Attention: Mr. Hao Zhou, Chief Financial Officer

Facsimile: +86 10 6445 9926

Email: zhouhao@58.com" zhouhao@58.com


 


with a copy (which shall not constitute notice) to:


 


Skadden, Arps, Slate, Meagher & Flom LLP

42/F, Edinburgh Tower, The Landmark


15 Queen's Road Central


Hong Kong


Attention: Z. Julie Gao/ Will H. Cai


 




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Fascimile: +852.3910.4850


Email: julie.gao@skadden.com; will.cai@skadden.com


 


if to the Investor, to


 


c/o Level 29, Three Pacific Place

1 Queen’s Road East

Wanchai, Hong Kong

Attention: Assistant General Counsel

Facsimile: +852 2420 1148

Email: richard.pu@tencent.com.hk


 


with a copy (which shall not constitute notice) to:


 


Tencent Building

Kejizhongyi Avenue, Hi-tech Park

Nanshan District, Shenzhen

518057, People’s Republic of China

Attention: General Counsel

Facsimile: +86 755 8601 3090 (Ext. 82238)

Email: brentirvin@tencent.com



 


Attention: General Manager, M&A

Facsimile: +86 755 8601 3090

Email: richardpeng@tencent.com" richardpeng@tencent.com




 


and


 


Davis Polk & Wardwell

Hong Kong Club Building

3A Chater Road

Central

Hong Kong

Attention: Miranda So

Facsimile: +852 2533 1773

Email: miranda.so@davispolk.com


 


or such other address or facsimile number as the parties may
hereafter specify by notice to the other parties hereto. All such notices, requests and other communications shall be deemed received
on the date of receipt by the recipient thereof if received prior to 5:00 p.m. in the place of receipt and such day is a Business
Day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed not to have been received until
the next succeeding Business Day in the place of receipt.


 




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Section 5.01. Severability. If any
term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or other Governmental Authority
to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall
remain in full force and effect and shall in no way be affected, impaired or invalidated so long as the economic or legal substance
of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such a determination,
the parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely
as possible in an acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated
to the fullest extent possible.


 


Section 5.02. Entire Agreement. This
Agreement and the other Transaction Documents constitutes the entire agreement between the parties with respect to the subject
matter of this Agreement and supersedes all prior agreements and understandings, both oral and written, between the parties with
respect to the subject matter of this Agreement.


 


Section 5.03. Counterparts. This
Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures
thereto and hereto were upon the same instrument. Signatures in the form of facsimile or electronically imaged “PDF”
shall be deemed to be original signatures for all purposes hereunder.


 


Section 5.04. Descriptive Headings. The
descriptive headings of this Agreement are inserted for convenience only and do not constitute a part of this Agreement.


 


Section 5.05. Amendment; Termination.
(a) The provisions of this Agreement may be amended or modified only upon the prior written consent of all parties hereto. The
failure of any party to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions
and shall not affect the right of such party thereafter to enforce each and every provision of this Agreement in accordance with
its terms.


 


(b)          This
Agreement shall terminate and be of no further force and effect upon the Investor and its Affiliates ceasing to own any Company
Securities acquire; provided that the provisions of this Article shall survive any termination of this Agreement.


 


Section 5.06. Governing Law. This
Agreement, the rights and obligations of the parties hereto, and all claims or disputes relating hereto, shall be governed by and
construed in accordance with the law of Hong Kong, without regard to the conflicts of law rules thereunder.


 




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Section 5.07. Arbitration. Any dispute,
controversy or claim arising out of or relating to this Agreement, including, but not limited to, any question regarding the breach,
termination or invalidity thereof shall be finally resolved by arbitration in Hong Kong in accordance with the administered rules
(the “Rules”) of the Hong Kong International Arbitration Centre (the “HKIAC”) in force at
the time of commencement of the arbitration, which Rules are deemed to be incorporated by reference into this Section. The number
of arbitrators shall be three and shall be selected in accordance with the Rules. All selections shall be made within thirty (30)
days after the selecting party gives or receives, as the case may be, the demand for arbitration. The seat of the arbitration shall
be in Hong Kong and the language to be used shall be English. Any arbitration award shall be (i) in writing and shall contain the
reasons for the decision, (ii) final and binding on the parties hereto and (iii) enforceable in any court of competent jurisdiction,
and the parties hereto agree to be bound thereby and to act accordingly.


 


Section 5.08. Expenses. Except as
otherwise provided herein, all costs and expenses incurred in connection with this Agreement, or any amendment or waiver hereof,
and the transactions contemplated hereby shall be paid by the party incurring such costs or expenses.


 


Section 5.09. Further Assurances. From
time to time following the date hereof, the parties hereto shall execute and deliver such other instruments of assignment, transfer
and delivery and shall take such other actions as any other party hereto reasonably may request in order to consummate, complete
and carry out the transactions contemplated by this Agreement.


 


[Signature Pages Follow]


 




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IN WITNESS WHEREOF, the parties hereto have
executed this Agreement as of the date first set forth above.






 


	 	58.COM INC.
	 	 
	 	By:	/s/ Jinbo Yao
	 	 	Name:	Jinbo Yao
	 	 	Title:	Chairman and CEO


 


	 	OHIO RIVER INVESTMENT LIMITED 
	 	 
	 	By:	/s/ Ma Huateng
	 	 	Name:	Ma Huateng
	 	 	Title:	Director


 


	 	JINBO YAO
	 	 
	 	By:	/s/ Jinbo Yao


 


	 	Nihao China Corporation
	 	 
	 	By:	/s/ Jinbo Yao
	 	 	Name:	Jinbo Yao
	 	 	Title:	Director


 




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SCHEDULE 1


 


REGISTRATION RIGHTS


 


		1.	Applicability of Rights. The Investor shall be entitled
to the following rights with respect to any potential public offering of Ordinary Shares in the United States and shall be entitled
to reasonably analogous or equivalent rights with respect to any other offering of Company Securities in any other jurisdiction
pursuant to which the Company undertakes to publicly offer or list such Company Securities for trading on a recognized securities
exchange. References to “Clauses” herein are to Clauses of this Schedule 1.



 


		2.	Definitions. For purposes of this Schedule 1:



 


		(a)	Registration. The terms “register,”
“registered,” and “registration” refer to a registration effected by preparing and filing
a registration statement in compliance with the Securities Act, and the declaration or ordering of effectiveness of such registration
statement.



 


		(b)	Registrable Securities. The term “Registrable
Securities” means:  (1) the Company Securities acquired by the Investor pursuant to the Investment Agreement;
(2) any Ordinary Shares issued as (or issuable upon the conversion or exercise of any warrant, right or other security which
is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of, any Company Securities
described in clause (1) of this subsection (b); and (3) any other Ordinary Shares of the Company owned or hereafter
acquired by the Investor.  Notwithstanding the foregoing, “Registrable Securities” shall exclude any Registrable
Securities sold by a person in a transaction in which rights under this Schedule 1 are not assigned in accordance with
this Agreement or any Registrable Securities sold in a public offering, whether sold pursuant to Rule 144 promulgated under the
Securities Act, or in a registered offering, or otherwise. With respect to any shares of an Existing Holder, “Registrable
Securities” shall have the meaning ascribed to it under Schedule 2 of the Existing Shareholders Agreement.



 


		(c)	Existing Holder. For purposes of this Schedule
1, the term “Existing Holder” has the same meaning as the term “Holder” as set forth in Schedule
2 of the Existing Shareholders Agreement.



 


		(d)	Form S-3 and Form F-3. The terms “Form S-3”
and “Form F-3” mean such respective form under the Securities Act as is in effect on the date hereof or
any successor registration form under the Securities Act subsequently adopted by the SEC which permits inclusion or incorporation
of substantial information by reference to other documents filed by the Company with the SEC.



 




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		(e)	SEC. The term “SEC” means the
U.S. Securities and Exchange Commission.



 


		3.	Demand Registration.



 


		(a)	Request by Investor. If the Company shall receive
a written request from the Investor that the Company file a registration statement under the Securities Act covering the registration
of Registrable Securities pursuant to this Clause 3, then the Company shall use all reasonable efforts to effect, as soon as practicable,
the registration under the Securities Act of all Registrable Securities that the Investor request to be registered, subject only
to the limitations of this Clause 3; provided that the Company shall not be obligated to effect any such registration if
the Company has, within the six (6) month period preceding the date of such request, already effected a registration under
the Securities Act pursuant to this Clause 3 or Clause 5, or in which the Investor had an opportunity to participate pursuant
to Clause (iii), other than a registration from which the Registrable Securities of the Investor have been excluded (with respect
to all or any portion of the Registrable Securities the Investor requested be included in such registration) pursuant to Clause
4(b).



 


		(b)	Underwriting. If the Investor intends to distribute
the Registrable Securities covered by its request by means of an underwriting, then it shall so advise the Company as a part of
its request made pursuant to this Clause.  In such event, the right of the Investor to include its Registrable Securities
in such registration shall be conditional upon the Investor’s participation in such underwriting and the inclusion of the
Investor’s Registrable Securities in the underwriting to the extent provided herein.  The Investor shall enter into
an underwriting agreement in customary form with the managing underwriter or underwriters selected for such underwriting by the
Investor and reasonably acceptable to the Company.  Notwithstanding any other provision of this Clause, if the underwriter(s) advise(s) the
Company in writing that marketing factors require a limitation of the number of securities to be underwritten then the Company
shall so advise the Investor, and the number of Registrable Securities that may be included in the underwriting shall be reduced
as required by the underwriter(s) and allocated among the Investor and each of the Existing Holders on a pro rata basis according
to the number of Registrable Securities then outstanding held by each such Person requesting registration; provided, however,
that the number of shares of Registrable Securities to be included in such underwriting and registration shall not be reduced
unless all other Securities are first entirely excluded from the underwriting and registration.  If the Investor disapproves
of the terms of any such underwriting, the Investor may elect to withdraw therefrom by written notice to the Company and the underwriter(s),
delivered at least ten (10) Business Days prior to the effective date of the registration statement.  Any Registrable
Securities excluded or withdrawn from such underwriting shall be excluded and withdrawn from the registration.  If the underwriter
has not limited the number of Registrable Securities to be underwritten, the Company may include its securities for its own account
in such registration if the underwriter so agrees and if the number of Registrable Securities which would otherwise have been
included in such registration and underwriting will not thereby be limited.



 




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		(c)	Maximum Number of Demand Registrations. The Company
shall be obligated to effect three (3) such demand registrations for the Investor.



 


		(d)	Deferral. Notwithstanding the foregoing, the Company
shall not be required to effect a registration pursuant to this Clause:



 


		(i)	during the period starting with the date sixty (60)
Business Days prior to the Company’s good faith estimate of the date of the filing of, and ending on a date one hundred
eighty (180) Business Days following the effective date of, a Company-initiated registration subject to Clause (iii) below,
provided that the Company is actively employing in good faith all reasonable efforts to cause such registration statement to become
effective;



 


		(ii)	if the Investor proposes to dispose of Registrable Securities
that may be registered on Form S-3 or Form F-3 pursuant to Clause 5 hereof; or



 


		(iii)	if the Company shall furnish to the Investor a certificate
signed by the President or Chief Executive Officer of the Company stating that in the good faith judgment of the Board, it would
be materially detrimental to the Company and its shareholders for such registration statement to be filed, then the Company shall
have the right to defer such filing for a period of not more than ninety (90) days after receipt of the request of the Investor;
provided, however, that the Company may not utilize this right more than once in any twelve (12) month period; provided
further, that the Company shall not register any other of its Securities during such twelve (12) month period.  A demand
right shall not be deemed to have been exercised until such deferred registration shall have been effected.



 


		4.	Piggyback Registrations. The Company shall notify
the Investor in writing at least twenty (20) days prior to filing any registration statement under the Securities Act for purposes
of effecting a public offering of Securities of the Company (including, but not limited to, registration statements relating to
secondary offerings of Securities of the Company, but excluding registration statements relating to any registration under
Clause 3 or Clause 5 or to any employee benefit plan or a corporate reorganization) and will afford the Investor an opportunity
to include in such registration statement all or any part of the Registrable Securities then held by the Investor.  The Investor
shall within eighteen (18) days after receipt of the above-described notice from the Company, so notify the Company in writing,
and in such notice shall inform the Company of the number of Registrable Securities the Investor wishes to include in such registration
statement.  If the Investor decides not to include all of its Registrable Securities in any registration statement thereafter
filed by the Company, the Investor shall nevertheless continue to have the right to include any Registrable Securities in any
subsequent registration statement or registration statements as may be filed by the Company with respect to offerings of its Securities,
all upon the terms and conditions set forth herein.



 




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		(a)	Right to Terminate Registration. The Company shall
have the right to terminate or withdraw any registration initiated by it under this Clause prior to the effectiveness of such
registration whether or not the Investor has elected to include Securities in such registration.  The expenses of such withdrawn
registration shall be borne by the Company in accordance with Clause 6(i) hereof.



 


		(b)	Underwriting. If a registration statement under
which the Company gives notice under this Clause is for an underwritten offering, then the Company shall so advise the Investor. 
In such event, the right of the Investor to be included in a registration pursuant to this Clause shall be conditional upon the
Investor’s participation in such underwriting and the inclusion of the Investor’s Registrable Securities in the underwriting
to the extent provided herein.  The Investor shall enter into an underwriting agreement in customary form with the managing
underwriter or underwriters selected for such underwriting.  Notwithstanding any other provision of this Agreement, if the
managing underwriter(s) determine(s) in good faith that marketing factors require a limitation of the number of shares
to be underwritten, then the managing underwriter(s) may exclude up to seventy percent (70%) of the Registrable Securities
from the registration and the underwriting, and the number of shares that may be included in the registration and the underwriting
shall be allocated, first to the Company, second, to the Investor and the Existing Holders, pro rata among them
based on the respective total number of their respective Registrable Securities which they had requested to be included in such
registration and underwriting; and third, to holders of other Securities of the Company, provided, however, that
the right of the underwriter(s) to exclude shares (including Registrable Securities) from the registration and underwriting
as described above shall be restricted so that (i) the number of Registrable Securities included in any such registration
is not reduced below thirty percent (30%) of the aggregate number of Registrable Securities for which inclusion has been requested;
and (ii) all shares that are not Registrable Securities and are held by any other person, including, without limitation,
the Founder and any other person who is an employee, officer, consultant or director of the Company (or any Subsidiary of the
Company) shall first be excluded from such registration and underwriting before any Registrable Securities are so excluded. 
If the Investor disapproves of the terms of any such underwriting, the Investor may elect to withdraw therefrom by written notice
to the Company and the underwriter(s), delivered at least ten (10) days prior to the effective date of the registration statement. 
Any Registrable Securities excluded or withdrawn from such underwriting shall be excluded and withdrawn from the registration.



 




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		(c)	Not Demand Registration. Registration pursuant to
this Clause shall not be deemed to be a demand registration as described in Clause 3 above.  Except as otherwise provided
herein, there shall be no limit on the number of times the Investor may request registration of Registrable Securities under this
Clause.



 


		5.	Form S-3 or Form F-3 Registration. In case the Company
shall receive from the Investor a written request or requests that the Company effect a registration on Form S-3 or Form F-3
and any related qualification or compliance with respect to all or a part of the Registrable Securities owned by the Investor,
then the Company will:



 


		(a)	Registration. As soon as practicable, effect such
registration and all such qualifications and compliances as may be so requested and as would permit or facilitate the sale and
distribution of all or such portion of the Investor’s Registrable Securities as are specified in such request; provided,
however, that the Company shall not be obligated to effect any such registration, qualification or compliance pursuant to this
Clause:



 


		(1)	if Form S-3 or Form F-3 is not available for such
offering by the Investor;



 


		(2)	if the Company shall furnish to the Investor a certificate
signed by the President or Chief Executive Officer of the Company stating that in the good faith judgment of the Board of Directors
of the Company, it would be materially detrimental to the Company and its shareholders for such Form S-3 or Form F-3
registration to be effected at such time, in which event the Company shall have the right to defer the filing of the Form S-3
or Form F-3 registration statement no more than once during any twelve month period for a period of not more than ninety
(90) days after receipt of the request of the Investor under this Section 5; provided that the Company shall not register
any of its other Securities during such ninety (90) day period; or



 


		(3)	if the Company has, within the twelve (12) month period
preceding the date of such request, already effected two (2) registrations under the Securities Act other than a registration
from which the Registrable Securities of the Investor have been excluded (with respect to all or any portion of the Registrable
Securities the Investor requested be included in such registration) pursuant to the provisions of Section 3(b) or Section 4(b).



 






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		(b)	Not Demand Registration. Form S-3 or Form F-3
registrations shall not be deemed to be demand registrations as described in Section 3 above.  Except as otherwise provided
herein, there shall be no limit on the number of times the Investor may request registration of Registrable Securities under this
Clause.



 





		6.	Obligations of the Company. Whenever required to
effect the registration of any Registrable Securities under this Agreement the Company shall, as expeditiously as reasonably possible:



 


		(a)	Registration Statement. Prepare and file with the
SEC a registration statement with respect to such Registrable Securities and use all reasonable efforts to cause such registration
statement to become effective, provided, however, that the Company shall not be required to keep any such registration
statement effective for more than sixty (60) days.



 


		(b)	Amendments and Supplements. Prepare and file with
the SEC such amendments and supplements to such registration statement and the prospectus used in connection with such registration
statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities
covered by such registration statement.



 


		(c)	Prospectuses. Furnish to the Investor such number
of copies of a prospectus, including a preliminary prospectus, in conformity with the requirements of the Securities Act, and
such other documents as it may reasonably request in order to facilitate the disposition of the Registrable Securities owned by
it that are included in such registration.



 


		(d)	Blue Sky. Use all reasonable efforts to register
and qualify the securities covered by such registration statement under such other securities or Blue Sky laws of such jurisdictions
as shall be reasonably requested by the Investor, provided that the Company shall not be required in connection therewith
or as a condition thereto to qualify to do business or to file a general consent to service of process in any such states or jurisdictions.



 


		(e)	Underwriting. In the event of any underwritten public
offering, enter into and perform its obligations under an underwriting agreement in usual and customary form, with the managing
underwriter(s) of such offering.  The Investor participating in such underwriting shall also enter into and perform
its obligations under such an agreement.



 




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		(f)	Notification. Notify the Investor at any time when
a prospectus relating thereto is required to be delivered under the Securities Act of (i) the issuance of any stop order
by the SEC in respect of such registration statement, or (ii) the happening of any event as a result of which the prospectus
included in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state
a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances
then existing.



 


		(g)	Opinion and Comfort Letter. Furnish, at the request
of the Investor, on the date that such Registrable Securities are delivered to the underwriter(s) for sale, if such securities
are being sold through underwriters, or, if such securities are not being sold through underwriters, on the date that the registration
statement with respect to such securities becomes effective, (i) a copy of an opinion, dated as of such date, of the counsel
representing the Company for the purposes of such registration, in form and substance as is customarily given to underwriters
in an underwritten public offering, addressed to the underwriters, and (ii) a copy of the “comfort” letter dated
as of such date, from the independent certified public accountants of the Company, in form and substance as is customarily given
by independent certified public accountants to underwriters in an underwritten public offering, addressed to the underwriters.



 


		(h)	Notwithstanding any of the foregoing provisions, the Company
shall not be required to pay for any expenses of any registration proceeding begun pursuant to Clause 3 or 5 if the registration
request is subsequently withdrawn at the request of the Investor (in which case the Investor shall bear such expenses), unless,
in the case of a registration requested under Clause 3, the Investor agrees to forfeit such right to demand registration pursuant
to Clause 3; provided further, however, that if at the time of such withdrawal, the Investor has learnt of a material adverse
change in the condition, business, or prospects of the Company not known to the Investor at the time of its request for such registration
and have withdrawn its request for registration with reasonable promptness after learning of such material adverse change, then
the Investor shall not be required to pay any of such expenses and such registration shall not constitute the use of a demand
registration pursuant to Clause 3.



 


		(i)	The Company shall pay all expenses incurred in connection
with each registration requested pursuant to this Agreement, including without limitation all U.S. federal, “blue sky”
and all foreign registration, filing and qualification fees, printers’ and accounting fees, and fees and disbursements of
counsel for the Company (but excluding underwriters’ or brokers’ discounts and commissions relating to shares sold
by the Investor), and reasonable expenses of one legal counsel if such counsel is for the Investor and all other Existing Holders
participating in such registration.



 




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		7.	Furnish Information. It shall be a condition precedent
to the obligations of the Company to take any action pursuant to this Schedule 1 with respect to the Registrable Securities
of the Investor that the Investor shall furnish to the Company such information regarding itself, the Registrable Securities held
by it and the intended method of disposition of such securities as shall be required to timely effect the registration of their
Registrable Securities.  In connection therewith, the Investor shall be required to represent and warrant to the Company
that all such information which is given in writing expressly for inclusion in such registration is true and accurate in all material
respects.



 


		8.	No Registration Rights to Third Parties. Without
the prior consent of the Investor, the Company covenants and agrees that it shall not grant, or cause or permit to be created,
for the benefit of any person or entity any registration rights of any kind (whether similar to the demand, “piggyback”
or Form S-3 or Form F-3 registration rights described in this Schedule 1, or otherwise) relating to any Securities
of the Company, other than rights that are not senior in right to the Investor.



 


		9.	Assignment. The registration rights under this
Schedule 1 may be transferred or assigned by the Investor to any transferee or assignee of its Company Securities representing
five percent (5%) or more of the issued share capital of the Company.



 


		10.	Re-sale Rights. The Company shall at its own cost
use its best efforts to assist the Investor in the sale or disposition of, and to enable the Investor to sell under Rule 144
promulgated under the Securities Act the maximum number of, its Registrable Securities, including without limitation (a) the
prompt delivery of applicable instruction letters to the Company’s transfer agent to remove legends from the Investor’s
share certificates, (b) causing the prompt delivery of appropriate legal opinions from the Company’s counsel in forms
reasonably satisfactory to the Investor’s counsel, (c) if the Company has depository receipts listed or traded on any
exchange or inter-dealer quotation system, (i) the prompt delivery of instruction letters to the Company’s share registrar
and depository agent to convert the Investor’s securities into depository receipts or similar instruments to be deposited
in the Investor’s brokerage account(s), (ii) the prompt payment of all costs and fees related to such depositary facility,
including conversion fees and maintenance fees for Registrable Securities held by the Investor and (iii) taking any and all other
steps necessary to facilitate the conversion into depository receipts or similar instruments.  The Company acknowledges that
time is of the essence with respect to its obligations under this Clause, and that any delay will cause the Investor irreparable
harm and constitutes a material breach of its obligations under this Agreement.



  


		11.	Rule 144 Reporting. The Company agrees to: (a)
make and keep public information available, as those terms are understood and defined in Rule 144 under the Securities Act, at
all times; (b) file with the SEC in a timely manner all reports and other documents required of the Company under the Securities
Act and the Exchange Act; and (c) so long as the Investor owns any Registrable Securities, to furnish to the Investor promptly
upon request (i) a written statement by the Company as to its compliance with the reporting requirements of Rule 144, the Securities
Act and the Exchange Act, or its qualification as a registrant whose securities may be resold pursuant to Form F-3 (at any time
after it so qualifies), (ii) a copy of the most recent annual or quarterly report of the Company, and (iii) such other reports
and documents of the Company as the Investor may reasonably request in availing itself of any rule or regulation of the SEC that
permits the selling of any such securities without registration or pursuant to Form F-3.



 




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EXHIBIT A


 


FORM OF JOINDER TO INVESTOR RIGHTS AGREEMENT


 


This Joinder Agreement (this “Joinder
Agreement”) is made as of the date written below by the undersigned (the “Joining Party”) in accordance
with the Investor Rights Agreement dated as of June 30, 2014 (as amended, restated or otherwise modified from time to time, the
“Investor Rights Agreement”) among 58.com Inc., Jinbo Yao, Nihao China Corporation and Ohio River Investment
Limited. Capitalized terms used, but not defined, herein shall have the meaning ascribed to such terms in the Investor Rights Agreement.


 


The Joining Party hereby acknowledges, agrees
and confirms that, by its execution of this Joinder Agreement, the Joining Party shall be deemed to be a party to the Investor
Rights Agreement as of the date hereof and shall have all of the rights and obligations of [a Founder Party][the Investor] thereunder
as if it had executed the Investor Rights Agreement. The Joining Party hereby ratifies, as of the date hereof, and agrees to be
bound by, all of the terms, provisions and conditions contained in the Investor Rights Agreement.


 


IN WITNESS WHEREOF, the undersigned has
executed this Joinder Agreement as of the date written below.


 


Date: _________________ ____, _________


 


	 	[NAME OF JOINING PARTY]
	 	 
	 	By:	 
	 	 	Name:	 
	 	 	Title:	 





 


	 	Address, fax number and email for notices:	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 


 


Accepted and Agreed:


 




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	[OTHER PARTIES TO INVESTOR 

RIGHTS AGREEMENT AT THE TIME 

JOINDER AGREEMENT IS 

EXECUTED]
	 
	By:	 	 	 
	 	Name:	 	 
	 	Title:	 	 


 




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