Chinese E-Commerce Platforms Drive Trade-In Scheme,...
China News
May 17, 2024
In a ground-breaking move, Chinese e-commerce platforms are spearheading a trade-in scheme that enables consumers to exchange second-hand products for brand new ones at reduced costs. This initiative, which encompasses items ranging from electric toothbrushes to electric vehicles, is not limited to physical stores but extends to online platforms like JD.com. With a significant investment of 6.5 billion yuan, JD.com and its partners are poised to reshape consumer habits.