Chinese classifieds 58.com updates its N+ property platform

Online classifieds marketplace in China, 58.com Inc. has said that it will launch a new service platform with more transparency and a streamlined system to help real estate agents and property developers in the country.

The "N Plus Open Service Platform" vows to provide an upgraded service for its clients by delivering a bigger number of reliable real estate listings and solid internet infrastructure, as well as wooing more potential home buyers and renters to its site, and giving excellent training courses for its brokerage users. 

Ye Bing, Senior Vice President of 58.com Inc., explained that "N" represents "Network" and "Plus" means infinite information and upgraded services. 

By launching the platform, 58.com Inc. and Anjuke (its real estate listing subsidiary) hope to build an open and decentralized ecosystem that features joint contribution and shared benefits with other industry stakeholders, he added. 

The real estate listings are one of the most lucrative segments among other businesses that the company is engaged in, including jobs, used goods, automotive, and home services. 

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