Exhibit 4.8


 


Power of Attorney


 


I, Jinbo Yao, a Chinese
citizen with Chinese Identification Card No.:        , and a holder of 46.84% of the entire registered capital in Beijing 58 Information
Technology Co., Ltd. ("58.com") as of the date when the Power of Attorney is executed, hereby irrevocably authorize Beijing
Chengshi Wanglin Information Technology Co., Ltd. ("WFOE") to exercise the following rights relating to all equity interests
held by me now and in the future (“My Shareholding”) during the term of this Power of Attorney:


 


WFOE is hereby authorized
to act on behalf of myself as my exclusive agent and attorney with respect to all matters concerning My Shareholding, including
without limitation to: 1) attend shareholders' meetings of 58.com; 2) exercise all the shareholder's rights and shareholder's voting
rights I am entitled to under the laws of China and 58.com's Articles of Association, including but not limited to the sale or
transfer or pledge or disposition of My Shareholding in part or in whole; and 3) designate and appoint on behalf of myself the
legal representative, the directors, supervisors, the chief executive officer and other senior management members of 58.com.


 


Without limiting the
generality of the powers granted hereunder, WFOE shall have the power and authority to, on behalf of myself, execute all the documents
I shall sign as stipulated in the Amended and Restated Exclusive Option Agreement entered into by and among I, WFOE and 58.com
on April 30, 2018 and the Amended and Restated Equity Pledge Agreement entered into by and among I, WFOE and 58.com on April 30,
2018 (including any modification, amendment and restatement thereto, collectively the “Transaction Documents”), and
perform the terms of the Transaction Documents.


 


All the actions
associated with My Shareholding conducted by WFOE shall be deemed as my own actions, and all the documents related to My Shareholding
executed by WFOE shall be deemed to be executed by me. I hereby acknowledge and ratify those actions and/or documents by WFOE.


 


WFOE is entitled to
re-authorize or assign its rights related to the aforesaid matters to any other person or entity at its own discretion and without
giving prior notice to me or obtaining my consent. If required by PRC laws, WFOE shall designate a PRC citizen to exercise the
aforementioned rights.


 


This Power of Attorney
is coupled with an interest and shall be irrevocable and continuously valid from the date of execution of this Power of Attorney,
so long as I am a shareholder of 58.com.


 


During the term of this
Power of Attorney, I hereby waive all the rights associated with My Shareholding, which have been authorized to WFOE through this
Power of Attorney, and shall not exercise such rights by myself.


 


This Power of Attorney
is written in Chinese and English; in case there is any conflict between the Chinese version and the English version, the Chinese
version shall prevail.


 


This Power of Attorney
shall replace and supersede the power of attorney to the WFOE I executed on June 28, 2013.


 


秘密文件
Strictly Confidential


 




    	 	1	 



     


    

 


	 	Jinbo Yao
	 	 
	 	By:	/s/ Jinbo Yao
	 	 
	 	April 30, 2018


 


Accepted by:


 


Beijing Chengshi Wanglin Information
Technology Co., Ltd.


 


	By:	/s/ Jinbo Yao and company seal	 
	Name: 	Jinbo Yao	 
	Title:  	Legal Representative	 


 


Acknowledged by:


 


Beijing
58 Information Technology Co., Ltd.


 


	By:	/s/ Jinbo Yao and company seal	 
	Name: 	Jinbo Yao	 
	Title:  	Legal Representative	 


 


秘密文件
Strictly Confidential


 




    	 	2	 



     


    

 


Power of Attorney


 


I, Lianqing Zhang, a
Chinese citizen with Chinese Identification Card No.:           , and a holder
of 39.82% of the entire registered capital in Beijing 58 Information Technology Co., Ltd. (“58.com”) as of the
date when the Power of Attorney is executed, hereby irrevocably authorize Beijing Chengshi Wanglin Information Technology Co., Ltd.
(“WFOE”) to exercise the following rights relating to all equity interests held by me now and in the future (“My
Shareholding”) during the term of this Power of Attorney:


 


WFOE is hereby authorized
to act on behalf of myself as my exclusive agent and attorney with respect to all matters concerning My Shareholding, including
without limitation to: 1) attend shareholders’ meetings of 58.com; 2) exercise all the shareholder’s rights and shareholder’s
voting rights I am entitled to under the laws of China and 58.com’s Articles of Association, including but not limited to
the sale or transfer or pledge or disposition of My Shareholding in part or in whole; and 3) designate and appoint on behalf of
myself the legal representative, the directors, supervisors, the chief executive officer and other senior management members of
58.com.


 


Without limiting the
generality of the powers granted hereunder, WFOE shall have the power and authority to, on behalf of myself, execute all the documents
I shall sign as stipulated in the Exclusive Option Agreement entered into by and among I, WFOE and 58.com on June 28, 2013
and the Equity Pledge Agreement entered into by and among I, WFOE and 58.com on June 28, 2013 (including any modification,
amendment and restatement thereto, collectively the “Transaction Documents”), and perform the terms of the Transaction
Documents.


 


All the actions
associated with My Shareholding conducted by WFOE shall be deemed as my own actions, and all the documents related to My Shareholding
executed by WFOE shall be deemed to be executed by me.  I hereby acknowledge and ratify those actions and/or documents by
WFOE.


 


WFOE is entitled
to re-authorize or assign its rights related to the aforesaid matters to any other person or entity at its own discretion and without
giving prior notice to me or obtaining my consent. If required by PRC laws, WFOE shall designate a PRC citizen to exercise the
aforementioned rights.


 


This Power of Attorney
is coupled with an interest and shall be irrevocable and continuously valid from the date of execution of this Power of Attorney,
so long as I am a shareholder of 58.com.


 


During the
term of this Power of Attorney, I hereby waive all the rights associated with My Shareholding, which have been authorized
to WFOE through this Power of Attorney, and shall not exercise such rights by myself.


 


This Power of Attorney
is written in Chinese and English; in case there is any conflict between the Chinese version and the English version, the Chinese
version shall prevail.


 


秘密文件
Strictly Confidential


 




    	 	3	 



     


    

 


	 	Lianqing Zhang
	 	 
	 	By: 	/s/ Lianqing Zhang
	 	 
	 	June 28, 2013


 


	Accepted by	 


 


	Beijing Chengshi Wanglin Information Technology Co., Ltd.	 


 


	By:	/s/ company seal	 
	Name:	Jinbo Yao	 
	Title:	Legal Representative	 


 


	Acknowledged by:	 
	 	 
	Beijing 58 Information Technology Co., Ltd.	 


 


	By:	/s/ company seal	 
	Name:	Jinbo Yao	 
	Title:	Legal Representative	 


 


秘密文件
Strictly Confidential


 




    	 	4	 



     


    

 


Power of Attorney


 


I, Beijing Wanglintong
Information Technology Co., Ltd., a limited liability company organized and existing under the laws of the PRC, with its address
at Room 201 and Room 202, No. 10 Building, Yi108 Beiyuan Road, Chaoyang District, Beijing, PRC, and a holder of
13.34% of the entire registered capital in Beijing 58 Information Technology Co., Ltd. (“58.com”) as of the date
when the Power of Attorney is executed, hereby irrevocably authorize Beijing Chengshi Wanglin Information Technology Co., Ltd.
(“WFOE”) to exercise the following rights relating to all equity interests held by me now and in the future (“My
Shareholding”) during the term of this Power of Attorney:


 


WFOE is hereby authorized
to act on behalf of myself as my exclusive agent and attorney with respect to all matters concerning My Shareholding, including
without limitation to: 1) attend shareholders’ meetings of 58.com; 2) exercise all the shareholder’s rights and shareholder’s
voting rights I am entitled to under the laws of China and 58.com’s Articles of Association, including but not limited to
the sale or transfer or pledge or disposition of My Shareholding in part or in whole; and 3) designate and appoint on behalf of
myself the legal representative, the directors, supervisors, the chief executive officer and other senior management members of
58.com.


 


Without limiting the
generality of the powers granted hereunder, WFOE shall have the power and authority to, on behalf of myself, execute all the documents
I shall sign as stipulated in the Amended and Restated Exclusive Option Agreement entered into by and among I, WFOE and 58.com
on June 28, 2013 and the Amended and Restated Equity Pledge Agreement entered into by and among I, WFOE and 58.com on June 28,
2013 (including any modification, amendment and restatement thereto, collectively the “Transaction Documents”), and
perform the terms of the Transaction Documents.


 


All the actions
associated with My Shareholding conducted by WFOE shall be deemed as my own actions, and all the documents related to My Shareholding
executed by WFOE shall be deemed to be executed by me.  I hereby acknowledge and ratify those actions and/or documents by
WFOE.


 


WFOE is entitled
to re-authorize or assign its rights related to the aforesaid matters to any other person or entity at its own discretion and without
giving prior notice to me or obtaining my consent. If required by PRC laws, WFOE shall designate a PRC citizen to exercise the
aforementioned rights.


 


This Power
of Attorney is coupled with an interest and shall be irrevocable and continuously valid from the date of execution of this Power
of Attorney, so long as I am a shareholder of 58.com.


 


During the
term of this Power of Attorney, I hereby waive all the rights associated with My Shareholding, which have been authorized
to WFOE through this Power of Attorney, and shall not exercise such rights by myself.


 


This Power of Attorney
is written in Chinese and English; in case there is any conflict between the Chinese version and the English version, the Chinese
version shall prevail.


 


This Power
of Attorney shall replace and supersede the power of attorney to the WFOE I executed on October 10, 2011.


 


秘密文件
Strictly Confidential


 




    	 	5	 



     


    

  


	 	Beijing Wanglintong Information Technology Co., Ltd.
	 	 
	 	By:	/s/ Jinbo Yao
	 	Name:	Jinbo Yao
	 	Title:	Legal Representative
	 	 
	 	June 28, 2013


 


	Accepted by	 
	 	 
	Beijing Chengshi Wanglin Information Technology Co., Ltd.	 


 


	By:	/s/ Jinbo Yao and company seal	 
	Name:	Jinbo Yao	 
	Title:	Legal Representative	 


 


	Acknowledged by:	 
	 	 
	Beijing 58 Information Technology Co., Ltd.	 


 


	By:	/s/ Jinbo Yao and company seal	 
	Name:	Jinbo Yao	 
	Title:	Legal Representative	 


 


秘密文件
Strictly Confidential


 






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