Aihuishou, a Chinese electronics resale platform backed by JD.com, filed an application for an IPO on the New York stock exchange on Friday.
Alibaba-owned second-hand goods marketplace Idle Fish boasts 1.3 million interest-based communities, a key sales driver.
The new entity will expand into used book and home appliance sales.
JD Logistics is a loss-making company that offers great service at lower profit margins. Can it fend for itself once it goes public?
Lower-tier cities represent a new opportunity for Chinese e-commerce giants like JD.com and Alibaba.