China’s 58 Home said to delay US IPO as virus outbreak hurts demand

China’s 58 Home said to delay US IPO as virus outbreak hurts demand

Photo: Bloomberg

58 Home, the maid and home-maintenance service owned by China’s Craigslist equivalent 58.com Inc., has delayed its planned U.S. initial public offering, according to people familiar with the matter, as the coronavirus outbreak cripples customer demand.