Paipai is a professional second-hand commodity trading platform under JD.COM Group, which was officially launched on February 2, 20 17. Pat business mainly covers second-hand commodity purchase, second-hand commodity recycling and commodity leasing business, as well as personal idle trading business, aiming to meet the trading needs of users for second-hand commodities in various scenarios.
Users can complete the recycling and realization of old mobile phones, numbers, computers, DIY accessories, household appliances and other multi-category items by patting second-hand apps. It supports four main trading methods: free door-to-door pick-up by Jingdong Express, direct door-to-door inspection by engineers from JD.COM cooperative recyclers, pick-up by subway station and free delivery by SF Express.
Extended information 2065438+On June 3, 2009, Airecycling merged with JD.COM strategically. COM's second-hand commodity trading platform Paipai, JD.COM Group's general raised more than 500 million US dollars in a new round of financing for Airecycling, and Morningstar Capital, Tiger Fund, Tiantu Capital, Departure Capital and Qingxin Capital participated in the investment. After this round of financing, the valuation of love recycling will exceed $2.5 billion.
After the merger, JD.COM Group will become the largest strategic shareholder of Airrecycling, and Wang Yongliang, the second-hand general manager of JD.COM Paipai, will become the partner and co-president of Airrecycling.
In terms of business, the vertical professional ability of recycling and the comprehensive platform ability in the whole category disposal field will form strategic synergy and complementary advantages.
Baidu Encyclopedia-Paipai Used
Phoenix. Com- love recycling merger pats the gray area of 100 billion used mobile phone market to be solved