Anyone looking at 58.com (WUBA) from the outside could be very conflicted at the moment. On one hand, WUBA has a great online classified advertising business and trades at a discount to growth. On the other hand, the current trade war between China and the US has and could further negatively affect its businesses. Despite WUBA's long term attractiveness, investors should weigh potential short term negative factors and position against a potential technical breakdown in the stock.
The Positives
WUBA owns a basket of online businesses that help consumers transact. Their businesses span