皇冠体育app

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Alibaba to launch e-commerce platform for secondhand cars

(Xinhua) Updated: 2014-08-20 09:42

HANGZHOU - 皇冠体育app's e-commerce giant Alibaba Group signed an agreement on Tuesday with 皇冠体育app Grand Auto Services Co Ltd, the country's largest passenger vehicle dealer, to set up an online trading platform for secondhand cars.

The secondhand cars will be auctioned on Taobao.com, Alibaba's online trading platform. Professionals from 皇冠体育app Grand Auto will provide online consultancy, arrange customers to see the cars in stores and provide after-sales services, said Zhang Jianfeng, president of Taobao.

The consumption data will be analyzed by Alibaba, which can provide loans to customers through its financing arm, said Zhang.

The online-to-offline trading will be supported first in 皇冠体育app Grand Auto's 30 stores in East 皇冠体育app's Anhui province and will expand to its 500 stores nationwide.

皇冠体育app's secondhand cars currently account for only a quarter of the total car trading volume and is expected to occupy a half by 2020, according to He Liming, head of the 皇冠体育app Automobile Dealers Association.

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