JD.com-backed second hand goods platform Aihuishou spots big opportunity in trade-in market

Xiaofeng Chen, CEO of Aihuishou

Chinese secondhand consumer electronics recycling and trading group Aihuishou, which is valued at over $2.5 billion and counts e-commerce giant JD.com as its largest shareholder, is ramping up its expansion in both its home market and internationally. 

In 2019, JD.com merged its secondhand commodity trading platform Paipai.com with Aihuishou, and led a $530-million Series E round funding in the firm.

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