Phuong sells WUBA 41.26: Our love affair with shoes goes much deeper than their practical function.

Run-DMC's ode to their Adidas sneakers proved it. The Beijing-based company has not yet announced a reporting date. Wall Street expects 58.com to report triple-digit revenue growth. Analysts expect each of them to post year-over-year revenue gains of more than 70% for both the upcoming quarter and fiscal year. Vipshop plans to report Aug. 11. Jumei has not yet confirmed a date.


Euna:
Profits were weighed by the company's ongoing investment in expansion, which included spending $700 million for a 10% stake in Yonghui Superstores, a grocery store chain, during the quarter.

Rossana:
It continued to report a loss, although results were better than analysts projected.

Meg:
A worker at a JD.com Inc. warehouse in Shanghai, China.

Annalisa:
But e-retailers, benefiting from the rising wealth of China's rank-and-file citizens and the country's quick adoption of mobile commerce, are at this point expected to see little effect.

Aline:
Economists say that the draw-down of capital caused by the sell-off will gnaw into demand across various areas of China's economy.

Lillian:
Individual investors taking high-leverage positions generally drive China's mainland markets more than markets in more developed economies.

Sandi:
But while some stock prices have taken a hit, and others have become increasingly volatile, hefty top-line estimates across China's e-retail industry remain largely intact.

Dale:
By integrating AutoComment's online services into our platform, 58.com will enhance its overall user experience and provide its expertise and resources to further develop and strengthen Leftbrain's competiveness.

Rachel:
AutoComment also offers auto dealers a fee-based subscription services that allows them to promote their cars to a targeted online audience.

Wendie:
Mark Haoyong Yang as a director, co-Chairman and co-CEO of 58.com.

58.Com Inc (NYSE:WUBA)
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