Posted On 2016/08/05 By In Behavior, Business, Chinese Perspective, News, Fashion, Luxury, Shopping With 751 Views

Alibaba to offer certified used Luxury Goods

E-Commerce conglomerate Alibaba Group’s Xianyu Auction platform is gearing up its expansion in used luxury sales by cooperating with the China Certification & Inspection Group luxury identification centre. Xianyu inked a deal with the centre on Friday, saying it would work closely with the latter to regulate the quality of used luxury items.

“Together with the centre, we can control the quality of used luxury goods, effectively stopping fake goods entering our platform,” said Guo Zuli, head of Xianyu’s luxury business department.

Under the agreement, Xianyu will launch a special section dedicated to the products, which have been approved by the centre as authentic. Shanghai-based enterprise data aggregator CBNData’s report shows that, this year, China’s used-goods market is expected to reach 400 billion yuan (S$81 billion).

The China Certification & Inspection Group luxury identification centre is the first independent body to provide such checks.

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Article: Asia One / Image: Slices of Light

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Stefan (from Austria, Europe) has been living, studying and working in China since 2010. Stefan has worked on several research, publication and consulting projects focusing on the China Travel Market. He holds three Masters degrees and is an expert on China Outbound Tourism, Marketing and Social Media in China. Stefan works with BMG on the Global Ready China Seminars as well as the Global Ready China News and related projects. He also has teaching engagements in the areas of eMarketing and Tourism Strategy.

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