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John Burbank, Passport Capital Disclose Large Passive Stake in 58.com

John Burbank‘s Passport Capital now owns 11.8% of 58.com Inc (NYSE:WUBA), a new 13G filing with the SEC has revealed. 58.com went public earlier this month, on November 1st, and Burbank’s position was established in the IPO. The Chinese Internet company has been likened to the ‘Craigslist of China.’

John Burbank PASSPORT CAPITAL

Disclosure: none

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