Chinese Regulators Censure 58.com, Ganji, Baidu over Illegal Housing Rental Listings

Xinhuanet.com, 8/17/17

The Beijing Cyberspace Administration and the Beijing Municipal Commission of Urban Planning have met with online classifieds website operators 58.com (NYSE: WUBA) and Ganji.com, and online search and marketing platform operator Baidu (Nasdaq: BIDU) for featuring listings for illegal "large shed housing." The sites have been ordered to rectify these issues.

A spokesperson for the Beijing Urban Planning and Land Authority said that "large shed housing" refers to structures originally made for agricultural use which have been converted into residential dwellings. These structures are in violation of land use and construction regulations.

In addition, both departments have restricted sites from publishing "large shed housing" advertisement messages. Messages for large agricultural sheds should not contain any content indicating they are for residential use, and sites are restricted from publishing pictures of large agricultural sheds with living facilities shown.

Keywords: Cyberspace Administration of China Beijing Municipal Commission of Urban Planning online real estate regulation Internet online classifieds 58.com Baidu Ganji BIDU WUBA

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