Recently, local news sources have reported that a significant number of people are looking to sell their old phones for new ones, leading to a surge in the second-hand mobile phone recycling market. Mobile phones have now become a fast-moving consumer good, with a large portion of consumers opting for the 'sell old for new' approach, making it common to see phones that are 80-90% new. To cater to the consumption habits of young people, we have also posted numerous recycling advertisements on the 58.com second-hand trading channel, which has been a boost to our business. Journalists found a plethora of second-hand mobile phone buyback information on the 58.com second-hand trading channel, with dedicated entries for different brands, providing a quick trading platform for fans. Moreover, most second-hand phones come with pictures, allowing consumers to understand their appearance and accessories.

58.com, a leading domestic life information service platform, boasts a vast user base, attracting numerous recyclers to post second-hand transactions on the site. 58.com offers Net Neighbor Membership services to merchants, providing a one-stop promotional service for businesses to enhance their brand image and facilitate smoother transactions. To protect the interests of both buyers and sellers, 58.com has also launched a Consumer Protection Plan in its second-hand channel, with many honest merchants joining the program.