It has not closed down, it has been sold.

Introduction to Paipai.com and analysis of industry advantages and prospects:

The current total number of registered sellers exceeds 1 million, and the growth rate ranks first in the industry. Paipai.com will be in operation for 100 days. It has entered the top 500 "Global Website Traffic Ranking" (according to Alexa data), and set a record for the shortest time for an e-commerce website to enter the top 500 global websites. Since its trial operation, it is the fastest growing e-commerce website in China.

Compared with Taobao and eBay, Paipai’s biggest advantage is that they are backed by a powerful Tencent community platform. The number of active QQ users in China currently reaches 320 million, and almost every ordinary Internet user who accesses the Internet has a QQ number. If such a huge user resource is successfully converted into users of Paipai.com, its prospects will be absolutely unlimited.

Relying on this platform, Paipai has been deeply integrated with Tencent’s other businesses to construct a new community-based e-commerce transaction chain. In this transaction chain, with Paipai as the core, diversified resources such as QQ, QQ Group, QQ.COM and QQ Space are integrated. The new concept of "Paipai" allows users to experience unprecedented interaction and interaction in online transactions. Infinitely convenient.

As an important business component of Tencent’s “Online Life” strategy, Paipai.com has been positioned as “the popularizer and innovator of e-commerce in China” since its inception to promote the popularization of e-commerce in China. and development, while Tencent QQ and its mature community have formed the unique core competitiveness of Paipai.com, and the QQ user group has become the buyer group with the most potential demand for Paipai.com.

Based on this good business atmosphere and users' needs for diversified transactions, Paipai.com proposed the innovative concept of "online business district" for the first time. Paipai.com has been committed to lowering the threshold of e-commerce in China and allowing e-commerce to enter the homes of ordinary people like water and electricity.

Paipai.com has also been committed to building China's fashionable and trendy brand culture, and hopes to work together with millions of netizens to create a "user self-managed mutual help and integrity community" to provide users with Provide a safe and healthy one-stop online trading platform, and eventually become the most popular among netizens and the largest national e-commerce brand in China.