CEO of 58 Group.
In 2001,he and his partners founded the educational institution—Xueda, which went public on New York Stock Exchange on November in 2010.In 2005, Yao has founded 58.com which went public on New York Stock Exchange on October 31th, 2013.In 2015, 58.com achieved mergers and acquisitions of Anjuke.com ,ChinaHR.com and ganji.com. Besides, it incubated many industry-leading brands, like 58Home, Zhuanzhuan.com and so on. On May 8th, 2016, with the accomplishment of brand upgrading, the WUBA Group established. At present, the business covers all kinds of life services and become the leader of life service field. The market value is about billion dollars. The company has now grown up to be a global largest supplier for internet classification information and localized life service provider, there are more than 30 branch offices and 30,000 staff members’ nationwide, establishing network platform in more than 400 cities, which is also one of the internet enterprises serving most of the users in China.