Xianyu's first offline recycling store will officially open on January 28th, offering a full range of consignment services for second-hand items.
During the quarterly analyst conference call, Eddie Wu clarified Alibaba Group's reform measures and provided a comprehensive introduction to the development strategies and priorities of each business group.
Xianyu announced the official launch of its "Help Selling" service and decided to personally enter the second-hand market for mobile phones, digital products, and luxury goods.
Jin Ke, the general manager of Xianyu, a second-hand goods platform owned by Alibaba Group, was officially transferred to AliExpress last week. At present, Alibaba Vice President Liu Bo is directly responsible for Xianyu.
Alibaba has further adopted WeChat Pay service on applications including Ele.me, Youku, Damai, Kaola and Shuqi, among others.
For many, it is easy to fall down the rabbit hole of Pop Mart’s fantasy world and hard to ever climb out of it, which gives birth to the secondhand Pop Mart blind box market, a thriving sector in China.
Renting an apartment in China is not that hard. There are a variety of online rental platforms providing customized services to both Chinese and foreign tenants.
The Xianyu 2017 Strategic Conference was held in Beijing on November 16. The company is the third trillion worth platform that Alibaba has developed after Taobao and Tmall, said Chen Weiye, general manager of Xianyu, a part of Alibaba Group.