China has become world’s largest market for luxury products in the wake of the economic development and the formation of middle class. However, the daunting prices of luxury handbags are still not affordable for every handbag-conscious fashionistas.

Meikka, a Chinese Rent the Runway clone focused on handbags, can ease the torture of luxury enthusiasts by allowing them to hire designer handbags such as Channel, Gucci, Louis Vuitton, Fendi, etc., for a fraction of the retail price. The platform will deliver and pick up the handbags from customers who can rent with around 0.6% of the retail price per day.

The service is ideal for glamorous one-time evening bags that people wouldn’t normally buy. Meikka also aims to transform their services to a pre-sales experience for luxury handbags for everyday wear.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.