A Chinese App for Sharing Books Has Received Tens of Millions of RMB Pre-A round of Financing
Sharing economy logic continues to expand in China, a second-hand books trade plateform has received tens of Millions of RMB Pre-A round of Financing...
Sharing economy logic continues to expand in China, a second-hand books trade plateform has received tens of Millions of RMB Pre-A round of Financing.
"YueLing" was established in February 2017 at Peking University. In order to help students in the school realize second-hand book transactions at a lower cost and higher efficiency, the neighboring founder Cai Wenyuan developed a second-hand book based on WeChat applet trading platform.
Recycling business models such as second-hand and lease are in line with the current slowdown in China's economic growth.
(Source: JJGLE.COM)
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