Aihuishou, a Chinese electronics resale platform backed by JD.com, filed an application for an IPO on the New York stock exchange on Friday.
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Posted inNews
JD is starting a second-hand e-commerce service “Paipai”
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 […]
Posted inHeavy Hitters
Idle Fish used goods platform adds LBS to boost social buying
Alibaba-owned second-hand goods marketplace Idle Fish boasts 1.3 million interest-based communities, a key sales driver.
Posted inHeavy Hitters
JD.com merges used goods platform Paipai with Aihuishou in recycling push
The new entity will expand into used book and home appliance sales.
Posted inNews
Data shows 2017 was the year of e-commerce apps: report
China is a mobile-first country and the popularity of smartphones has also reflected one of its most vibrant internet industries: online shopping. China-based analysis firm Jiguang Data has published a new research report on the most popular e-commerce in 2017 charting the biggest players in the field. The report includes seven categories for online shopping […]
Posted inHeavy Hitters
Briefing: JD.com to accelerate expansion to lower-tier cities in 2019
Lower-tier cities represent a new opportunity for Chinese e-commerce giants like JD.com and Alibaba.
Posted inThe Numbers
Another Singles’ Day, another record broken: Here’s what you need to know
This year’s Singles’ Day was a mix of milestones and setbacks.
