When talking about second-hand trading platforms, you will first think of Xianyu and Zhuanzhuan. These two comprehensive second-hand application platforms occupy most of the market share of the second-hand trading market. Xianyu is a second-hand platform under Alibaba and has very strong strength; Zhuanzhuan is a second-hand platform incubated by 58 Group, but in 2017, Zhuanzhuan received US$200 million in financing, and since then, Zhuanzhuan has been able to stand on Tencent’s shoulders.
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