0001569049-14-000004.txt : 20140214
0001569049-14-000004.hdr.sgml : 20140214
20140214113855
ACCESSION NUMBER: 0001569049-14-000004
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20140214
DATE AS OF CHANGE: 20140214
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: 58.com Inc.
CENTRAL INDEX KEY: 0001525494
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 000000000
STATE OF INCORPORATION: E9
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-87683
FILM NUMBER: 14612808
BUSINESS ADDRESS:
STREET 1: Block E, The North American Bus Center
STREET 2: Yi 108 Beiyuan road, Chaoyang District
CITY: Beijing
STATE: F4
ZIP: 100101
BUSINESS PHONE: (86 10) 5796-08888
MAIL ADDRESS:
STREET 1: Block E, The North American Bus Center
STREET 2: Yi 108 Beiyuan road, Chaoyang District
CITY: Beijing
STATE: F4
ZIP: 100101
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: LIGHT STREET CAPITAL MANAGEMENT, LLC
CENTRAL INDEX KEY: 0001569049
IRS NUMBER: 272888103
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 525 UNIVERSITY AVENUE
STREET 2: SUITE 300
CITY: PALO ALTO
STATE: CA
ZIP: 94301
BUSINESS PHONE: 650-234-1640
MAIL ADDRESS:
STREET 1: 525 UNIVERSITY AVENUE
STREET 2: SUITE 300
CITY: PALO ALTO
STATE: CA
ZIP: 94301
SC 13G
1
lsc13gwuba021414.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.__)*
58.com Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
American Depositary Shares, Each Representing 2 Class A Ordinary Shares
--------------------------------------------------------------------------------
(Title of Class of Securities)
31680Q104
--------------------------------------------------------------------------------
(CUSIP Number)
December 31, 2013
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------------- -------------------------
CUSIP NO. 31680Q104 Page 2 of 5
--------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Light Street Capital Management, LLC
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
1,430,000 Class A Ordinary Shares
NUMBER OF ---------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ---------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON WITH:
1,430,000 Class A Ordinary Shares
---------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,430,000 Class A Ordinary Shares
--------------------------------------------------------------------------------
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON (See Instructions)
IA
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------------- -------------------------
CUSIP NO. 31680Q104 Page 3 of 5
--------------------------------------------------------------------------------
Item 1. Issuer
------
(a) Name of Issuer:
--------------
58.com Inc.
(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
Block E, The North American International Business Center
Yi 108 Beiyuan Road
Chaoyang District, Beijing 100101
People's Republic of China
Item 2. Identity and Background
-----------------------
(a) Name of Person Filing:
---------------------
Light Street Capital Management, LLC
(b) Address of Principal Business Office or, if none, Residence:
-----------------------------------------------------------
525 University Avenue
Suite 300
Palo Alto, CA 94301
(c) Citizenship:
-----------
The Reporting Person is a limited liability company organized under
the laws of the State of Delaware.
(d) Title of Class of Securities:
----------------------------
Class A Ordinary Shares
(d) CUSIP Number:
------------
31680Q104 (American Depositary Shares)
Item 3. If this statement is filed pursuant to 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
---------------------------------------------------------
(a) [ ] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o);
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c);
(c) [ ] Insurance company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c);
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C 80a-8);
(e) [X] An investment adviser in accordance with
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition
of an investment company under section 3(c)(14) of
the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] A non-U.S. institution in accordance with
240.13d-1(b)(1)(ii)(J);
(k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K).
SCHEDULE 13G
------------------------- -------------------------
CUSIP NO. 31680Q104 Page 4 of 5
--------------------------------------------------------------------------------
Item 4. Ownership
---------
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 1,430,000 Class A Ordinary Shares
(b) Percent of class: 5.3%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1,430,000 Class A Ordinary Shares
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of:
1,430,000 Class A Ordinary Shares
(iv) Shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class
--------------------------------------------
If this statement is being filed to report the fact that as of the date
hereof the Reporting Person has ceased to be the beneficial owner of more than
5.0% of the class of securities, check the following [ ].
Item 6. Ownership of More Than Five Percent on Behalf of Another Person
---------------------------------------------------------------
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
-----------------------------------------------------------------------
Security Being Reported on by the Parent Holding Company
--------------------------------------------------------
Not Applicable.
Item 8. Identification and Classification of Members of the Group
---------------------------------------------------------
Not Applicable.
Item 9. Notice of Dissolution of Group
------------------------------
Not Applicable.
Item 10. Certification
-------------
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SCHEDULE 13G
------------------------- -------------------------
CUSIP NO. 31680Q104 Page 5 of 5
--------------------------------------------------------------------------------
SIGNATURE
---------
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: February 14, 2014
Light Street Capital Management, LLC
By: /s/ Stephen D. Lane
-------------------------------------
Name: Stephen D. Lane
Title: Chief Financial Officer