JD.com Merges Second-Hand E-Commerce Unit With Aihuishou In $500M Deal June 3, 2019

Chinese e-commerce giant JD.com announced on Monday that it has inked an agreement to lead an over US$500 million new funding round in Aihuishou, an online bidding-based consumer-to-business (C2B) platform for recycling second-hand electronic items in China. Along with the investment, JD.com will merge its second-hand e-commerce service brand "Paipai" with Aihuishou, said the company […]

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