China’s largest online used car market Uxin and Alibaba’s Taobao are banding together to combat the limited variety of secondhand cars in Chinese cities.
“With extremely limited car selection in most cities, there is a rapidly growing demand for an online platform that expands access to used cars from across the country,” Dai Kun, CEO of Uxin, said in a statement.
The companies will establish an online used car shopping mall with features including video VR car viewing to give prospective buyers a better indication of the car’s condition, hoping to foster growth in the already growing used car e-commerce sector.
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