Second-hand Market
China News
August 27, 2024
Among the Chinese youth, trading of used goods from clothing to toys to electronics is trending. A store manager in Shanghai said instore traffic has increased 50% compared to last year, with customers between 18 and 28 accounting for 70% of the total. Things like mobile phones, tablets, and laptops accounted for more than 90 percent of the items traded-in. Besides low prices, many young people in China use second-hand markets online to meet like-minded people.