China's Secondhand Market, Apps + GIANT Secondhand Market in Chengdu! (Channel Member Request)
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- เผยแพร่เมื่อ 11 ก.ย. 2024
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We're talking about the secondhand market in China, the top secondhand apps in China, and a giant secondhand market in Chengdu! This is a huge change that's happened in China over the past couple of years, and it's time to talk about it!
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The full article on TechNode: technode.com/2... These are excerpts:
Consumers in China are increasingly embracing second-hand goods, buying everything from used cars to “lightly used” lipstick. This new habit is reflected in the rising “re-commerce market,” which is predicted to reach RMB 1.25 trillion (around $178 billion) in 2020, rising by 70% from RMB 742 billion in 2018, according to data firm MobData.
MobData includes second-hand car trading as a subcategory of re-commerce, as well as relatively smaller items, such as fashion, beauty and electronic products. The re-commerce market is dominated by two marketplaces: Alibaba’s Idle Fish (Xianyu), a spin-off from Taobao, is by far the biggest, while Tencent-backed Zhuanzhaun is a clear second place.
In a survey of Chinese consumers born after 1985, 60% of respondents said they would buy pre-owned goods to take advantage of cheaper prices, according to CBNData.
China Beijing Environment Exchange estimated that transactions on Alibaba owned re-commerce platform Idle Fish helped to reduce 100,000 tons of carbon emissions between 2014 and 2018, although it does not spell out the methods used to reach the estimate.
Leading apps include Alibaba’s Idle Fish and Tencent-backed Zhuanzhuan, with monthly active users totaling around 24.4 million and 11.4 million, respectively, as of March 2019, according to Bida.
The majority of users on these resale apps are young and from higher-tier cities-around 89% of the users are under 34 years old, and 58% are from tier-1 and tier-2 cities as of August 2019, according to Getui and data firm Jiguang.
Idle Fish
Alibaba’s Idle Fish, launched in 2014, is an integrated C2C pre-owned goods marketplace. It originally designed as a channel on Taobao dedicated to second-hand goods. Now it is a standalone app, but users can search Idle Fish in both Taobao and Alipay.
Users on Idle Fish can exchange ideas and information about pre-owned goods that they are looking to buy, as well as posting pre-owned items for sale. Idle Fish lets users create virtual communities called “fish ponds” to consumers to share ideas among each other. “Fish ponds”-communities based on interests, location or institutions-allow users to mingle, share news, and transact. For instance, a fish pond for fans of traditional Chinese clothing has 48,000 members as of Feb. 20.
The platform shares cross-platform accounts with Alibaba’s other marketplaces Taobao and Tmall. Currently, users can buy or sell on Idle Fish without paying a commission.
Zhuanzhuan
58.com, one of China’s online classifieds and listing platforms, launched the Zhuanzhuan re-commerce marketplace in 2015. Zhuanzhuan works as a marketplace, allowing individual users (C2C) and businesses (B2C) to list and sell pre-owned goods to other users. Zhuanzhuan sells mainly 3C (computer, communication, and consumer electronics) products.
This is going to really change China. I'm excited to see where it goes! Much love -- Austin!!
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Great work. Love videos about "deep China" .
Awesome video. Could you write the name of the market in pinyin and Mandarin?
Can you make a video on Factory rejects (or factory liquidation or factory defective or factory byproducts, surplus)? Where can these factory rejects be bought online? It is different from second hand.
There is a guy at the back of the market who restores old Chinese furniture. His stuff is really good and very unique better than going to IKEA.
Sounds great. What's the easiest way to get there? How much should you negotiate down from the asking price?
First of all: China has 1.4+ billion people. Huge market. This is an amazing vlog. Never expected to see so much recycling of second hand merchandise. A few decades ago, foreign buyers travelled to China looking for genuine antique furniture and stuff. In those days Chinese didn't value the old stuff much and they didn't have much disposable income either. Things must have changed completely.
Nice video Austin! So many things to see 😁
Thanks a lot! Yeah, it's a cool place!
I bought a lot books from xianyu. The second hands market in this video is just awesome!
Haha got to be honest, that coffee place looks like it might be quite good!
I challenge you to find pants in that market. :) It seems like China may not yet have reached a point where they are ready to sell secondhand clothes.
As I know, most secondhand clothes are exported to other developing countries. Some Chinese tourists found people wearing their Chinese school uniforms in those countries.
Although there are no secondhand clothes for sell, preowned clothes for kids especially young ones, are pretty common when shared between friends and families.
@@pycpenn that’s right
It’s a pity, it’s a market with so much potential because most people have spare clothes that they don’t use anymore. I am obsessed with thrifting and fortunately it’s affordable and common in my country, I’ve probably spent +$500 thrifting this year haha.
Reminds me of the dirt market in Beijing. The hard part was trying to bring everything home!
Amazing video!
Hahahahaha
My mother's apartment is just beside the old gun tower. That also belongs the old factory I was working there.
Please where can I buy second hand cars in China
Does it has app
That is fascinating and inevitable. When I was there in 06-08, as you said, no-one would touch second hand goods.
Forgive my not seeing your video for long time, but it is really a striking weight loss compared to several years ago! Incredible that I even didn't recognize you at the first glance. Congratulation.
Also I‘m wondering why you stop posting your new vedios on Bilibili, where more young Chinese people are able to watch them. Or it's just because you don't like that platform very much :D
Glad you're back on the channel! Welcome back! Yes, I feel a lot healthier now that I'm at a good weight. I miiiight post something on Bilibili sometime.....
Whatever you're doing, keep doing it. I'm new to your channel and you're good and interesting.
Welcome to the channel! Hope you'll stick around! New video coming out tonight!
this kind of markets are form business... for example，if you want to start a restaurant, you can go there to buy equipment. but the price in those markets aren't very cheap...
This place is more of a secondhand market for business owners. I prefer 电脑城 or 太升南路 for used electronics which are away cooler places, next destination maybe?
I'll have to check out 太升南路...not sure if I've been down there or not! Computer City is 'meh' for me....too many people have tried to cheat and rip me off there, even though it's an interesting place. Not a place I usually suggest to people
Great content ! Keep on! What about more luxury items like antiques, bags, art, etc. is the market in China also moving ?
I'm sure it is! I'm just not in that world :(
Welcome foreign friends to China we have long history and our culture We put our love for our parents first
Cool! Very insightful! What type of items do you think do people in China buy the most? Furniture?
Cars are the biggest secondhand thing here....then electronics, I think
@@austinguidry2 What kind of electronics? TV sets? phones? laptops?
06:30 to 07:30 Sure hope that shops roof does not leak. I mean if Gremlins are real that is where you will find one.
How do you use that yellow app
How to you access binance from china, whey its bann
Ironic that sharing is a new thing in communistic country that is turning more and more capitalistic.
Some might say something about communism not working.
to live in china do I have to read the stuff? I can speak Chinese and understand it well I'm learning but not the writing
Show me how to log in to zhuanzhuan has a foreigner
Wow! Interesting.
I know, right?!
@@austinguidry2 Yeah, we had a talk before and I know you quite a long time ago through the program of CCTV "foreigner in China"(if the program name not wrong) at the TV, I forgot which year. I'm a Chinese in Malaysia.
Very interesting
do they sell used cars
not at that particular place, but there are plenty of places around Chengdu that do. Or maybe they do and I didn't notice! Haha
Need to
See the market let’s talk on WeChat
Can you find an Acorn Archimedes Risc PC in that lot? I so want one!
Hello do you know the addresses of the markets in China for used lathes and milling machines? If yes, please write your WeChat, I will add , thank you
go to a flower or pet fish market
not a bad idea!
I did a flower market back in the day, actually! th-cam.com/video/nbGfdZSsLsU/w-d-xo.html I'll have to be on the lookout for a pet fish market - can't think of a big one off the top of my head
App download link
Is there refrigerators, smart TV s and AC?
yes
Thanks for your quick response. Sorry am asking again, do they sell used cars like Toyota suv rav4? Or salon cars
Most are replica and copies . But cheap for dacor
Could you please give this apps name
闲鱼
can I use idle fish and have things shipped if I dont live in china
I'm not totally sure, but I doubt it. Nothing about the app seemed international to me, sorry :(
@@austinguidry2 is it possible for you to buy something on there for me and I pay shipping and the cost?
@@austinguidry2 Hello there, it’s really a great video. I’m presently in china and I want to make some buys. Can you kindly walk me through the process... thanks
Cursedfox
1. Start an account on Superbuy
2. Find the item on Xianyu. Copy the link and open on Superbuy.
3. Complete payment and ship to your country for a few dollars.
I love in UK. I ship watches from Xianyu and hope to restore. I'm looking for North Korean watches but they are hard to find!
hi, tom hanks
Okay......? Haha I've never heard that before
IKEA killer!