Xinshang
Xinshang is a Chinese e-commerce platform that operates a customer-to-customer marketplace specializing in secondhand luxury goods, such as bags, shoes, watches, clothing, and jewelry. The platform allows users to sell their used luxury items or purchase both secondhand and new luxury products at competitive prices. Xinshang has experienced significant growth, with its monthly transaction value increasing by 30% consistently. The company claims to hold over 50% of the secondhand luxury goods market in China, positioning itself as a leading player in this sector.
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