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Second-hand shopping takes off on Chinese apps

China’s “re-commerce market” is predicted to reach RMB 1.25 trillion in 2020 as consumers shop for second-hand goods on online marketplaces.

Bytedance is set to shove Baidu aside as the B in BATs, and is taking a bite out of Tencent’s ad revenue. Why? Its ads are just more effective.

In translation from our friends at GQ Reports, a dispatch from the blue collar heroes on the front lines of Wuhan’s battle against coronavirus.

Some suggest that problems of Huawei would disappear if China takes control of Taiwan. Cooler heads propose aggressive industrial policies.