Competition between China’s online used car sellers is increasing, as are public spats among players.
Police apprehended the sender after the user feared for the safety of her family.
This is not the first time Guazi has been accused of unfair competition and attempting to mislead the public.
Aihuishou, a Chinese electronics resale platform backed by JD.com, filed an application for an IPO on the New York stock exchange on Friday.
Second-hand mobile phones have become a target for illicit data brokers, who recover deleted user data and sell it on the black market for as little as RMB 10 ($1.56). Even phones that have been formatted to prevent incidents like this are not immune to exploitation. According to reports, consumers sold over 30 million mobile […]
Chinese e-commerce behemoth JD officially released the “Paipai second-hand (拍拍二手)” brand, Chinese media 36kr is reporting. As the second-hand e-commerce market is growing bigger and seeing its arch-rival Alibaba’s second-hand e-commerce Xianyu is doing well in the sector, JD is making a move into the burgeoning but risky market. Paipai has built-in automatic valuation system to help […]
Chinese food delivery giants draw public ire, Dianping’s symbolic retreat is made official; and VC interest in e-commerce wanes.
Struggling used car selling platform Uxin is cutting salaries and suspending employees to cut costs amid the Covid-19 outbreak.
Alibaba-owned second-hand goods marketplace Idle Fish boasts 1.3 million interest-based communities, a key sales driver.
The digital yuan is trialed again in Shenzhen, at ATMs and via a smart card. Crypto mining rig prices soared as Bitcoin hit the $41,000 mark.