Recommerce: the new online frontier
China’s young middle class is fuelling the fashion recommerce market – the trading of pre-owned clothing and other goods...
Zhuan Zhuan scores $200 million from Tencent
Tencent has agreed to invest US$200 million in used goods platform Zhuan Zhuan.
China online marketplace 58.com nudges 200% growth
58.com, which describes itself as China's "largest online marketplace serving local merchants and consumers" has reporte...
Tencent acquires e-commerce site
Technology company Tencent has invested US$736 million to take 19.9 per cent equity interest in 58.com. 58.com operates ...