From Sun Li to Wu Xin and Shen Mengchen, the second-hand resale business of celebrities is progressing well. The same is true in life, especially this year's harsh and outrageous garbage classification, which further stimulates the market size of second-hand transactions from a certain angle. Data shows that from the first quarter of 2017 to the first special database quarter of 2019, China's second-hand goods trading market has grown steadily. In 2017, the number of online second-hand trading users in China reached 76 million.
With a growth rate of 55.1%. In 2018, the number of users will exceed 1 billion people. As of the first half of 2019, the transaction scale of second-hand goods in China has reached 202.54 billion yuan. It is expected that the market size will reach 1 trillion yuan special database by 2020, and there will be a growth trend in the future. The market continues to flourish, and second-hand trading e-commerce is running smoothly in the capital field.
But on the other hand, the market speed is too fast, and some e-commerce platforms are inevitably unable to keep up with the pace of development. In May, it was reported that sold its second-hand trading business "Paipai" to "Zuanzhuan". Xiang Changfeng, co-founder of Zhuanzhuan, said that the two parties had had relevant communication and special database contacts, and the acquisition was currently terminated. In June, announced that “Paipai” will be strategically merged with “Aihuishou”. Last year, "Zuanzhuan" received a judicial advice letter from the court, the main content of which was to strengthen the supervision and management of the online second-hand trading platform.