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Posted inWith Chinese Characteristics

VC Liu Bo: The future of second-hand luxuries in China

by Coco Gao Sep 26, 2019Sep 26, 2019

TechNode spoke to the general manager at TusStar Ventures, which invested in second-hand marketplace Ponhu-Luxury in 2015.

Posted inTurf Wars

Chinese second-hand car platform Renrenche denies bankruptcy rumors

by Jill Shen Feb 19, 2019Jun 8, 2020

Competition between China’s online used car sellers is increasing, as are public spats among players.

Posted inOn the Cusp

Alibaba’s second-hand app under fire over explicit messages aimed at user’s daughter

by Rachel Zhang Jul 10, 2019Mar 17, 2020

Police apprehended the sender after the user feared for the safety of her family.

Posted inUp and Comers

Chinese second-hand car platform Uxin accuses rival of faking revenue data

by Jill Shen Feb 1, 2019Jun 8, 2020

This is not the first time Guazi has been accused of unfair competition and attempting to mislead the public.

Posted inHeavy Hitters

Idle Fish used goods platform adds LBS to boost social buying

by Emma Lee Dec 19, 2019Mar 17, 2020

Alibaba-owned second-hand goods marketplace Idle Fish boasts 1.3 million interest-based communities, a key sales driver.

Uxin 58.com used car selling sales
Posted inUp and Comers

Briefing: Uxin to receive $230 million through private convertible note deal

by Emma Lee May 29, 2019Jun 8, 2020

China’s second-hand car trading market has witnessed the rise of several top players include Uxin, Renrenche, Guazi, and Souche.

Posted inUp and Comers

Briefing: Alibaba-backed used goods platform Idle Fish investing in content

by Emma Lee Apr 12, 2019Jun 8, 2020

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

by Emma Lee Jul 1, 2019Jul 1, 2019

E-commerce players and specialized verticals such as used car platforms are operating their own auction platforms.

Posted inUp and Comers

Used car platform Uxin shares plunge after report urges ‘race to the exits’

by Jill Shen Apr 17, 2019Jun 8, 2020

Its stock price closed at almost one-tenth the value of its $10.49 peak price in December.

Posted inHeavy Hitters

Alibaba eyes lower-tier, overseas markets to power Singles Day growth

by Emma Lee Oct 21, 2019Mar 17, 2020

More than 500 million users are expected to participate in this year’s promotion.

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