Alibaba-owned second-hand goods marketplace Idle Fish boasts 1.3 million interest-based communities, a key sales driver.
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Posted inUp and Comers
Briefing: Alibaba-backed used goods platform Idle Fish investing in content
The used goods resale sector has had its share of problems including counterfeit goods, merchandise quality, and even legal issues concerning the sale of endangered animals.
Posted inHeavy Hitters
Briefing: Alibaba’s e-auction unit sales exceeded RMB 500 billion in 2018
E-commerce players and specialized verticals such as used car platforms are operating their own auction platforms.
Posted inHeavy Hitters
Alibaba eyes lower-tier, overseas markets to power Singles Day growth
More than 500 million users are expected to participate in this year’s promotion.
Posted inHeavy Hitters
China re-commerce faces tug of war between growth and trust
Re-commerce, or secondhand shopping, is growing fast in China. But users are finding scams and counterfeits mixed in with the bargains.
Posted inHeavy Hitters
Alibaba doubles quarterly net profit thanks to e-commerce and cloud
Alibaba revenue surges 42% on the year in the quarter ended June 30.
Posted inViews
INSIGHTS | How monopolies rule the Chinese web
Tech monopolies in China aren’t a mirror image of Silicon Valley—rather than walled gardens, think competing fiefdoms and proxy wars.
Posted inWith Chinese Characteristics
INSIGHTS | Can superboards save China tech from one-man rule?
Elite boards that can overrule the board of directors are the latest fad in Chinese tech corporate governance.
