An industrial park funded by 58 Technology Innovation Group, the technology arm of 58 Group, is established in Ningbo on Aug 4. [Photo/zj.zjol.com.cn] 

An industrial park funded by 58 Technology Innovation Group affiliated with 58 Group was established in Ningbo on Aug 4. 

The park, occupying an area of around 250,000 square meters, is designed to serve as a one-stop service platform for entrepreneurs and help facilitate the integrated development of the advanced manufacturing and modern service industries.

The park is located in Yuelin sub-district, Fenghua district and plans to accommodate more than 70 enterprises in total.