In the past year, Xianyu has successfully turned 200 billion waste into 200 billion consumption by matching 200 million transactions." Whatsapp Database Ping Chou, vice president of Alibaba, said when talking about how Xianyu used idle resources. Although the transaction volume of 200 billion is not commendable compared with several other platforms of Whatsapp Database Alibaba, it is an astronomical figure for some other trading platforms of the same type. Relying on the Alibaba platform, Xianyu has the unique advantage that it can quickly squeeze out other platforms that entered the market earlier, thus securing its first position in the market share.
Ping Chou also believes that "the idle economy is a sharing economy that truly advocates frugality." This is another more successful true Whatsapp Database sharing platform after Didi Chuxing on my country's Internet platforms. We say "real sharing platform" because the sharing economy based on artificially created resources has been judged by more and more people as "cheap rental economy". At present, the main active user groups of Xianyu are young people Whatsapp Database born in the 1990s and 2000s. The main transaction mode is C2C, that is, between individuals who have idle items and individuals who need cheaper items, and some Enterprises put their products on Xianyu due to returns or other problems; but they are mainly for individual users, that is, B2C.
The B2B transaction model is very rare. Even if there is, the company buys only some second-hand office furniture, copiers, coffee Whatsapp Database machines, etc. on Xianyu, and rarely buys the resources that some companies need for production and daily operations. Essentially, neither Xianyu nor some other second-hand trading Whatsapp Database platforms have positioned their platforms as C2C or B2C, nor do they exclude B2B; Xianyu is different from several other platforms under Alibaba. What identity transactions are not the focus of the platform.