Cross-border second-hand e-commerce transactions are popular all over the world! The UK, South Korea, Japan... these e-commerce giants have rushed into the market!

Due to the epidemic, the size of South Korea's domestic second-hand transaction market has soared from 4 trillion won in 2008 to 20 trillion won in 2020, and it is possible that the size will increase to 100 trillion won .

It is reported that Lotte Shopping will enter the second-hand trading market by acquiring shares of Junggo Nara, the largest second-hand trading platform in South Korea.

Lotte Shopping announced on the 23rd that it will participate in Eugene Asset Management's acquisition of Used Nara's equity as a financial investor.

Used Nara, founded in 2003 as Naver Cafe, currently has more than 23 million members and its transaction volume has increased from 2.5 trillion won in 2018 to 5 trillion won last year, reaching an all-time high .

An official from Lotte Shopping said: "The total amount of the acquisition transaction is between 100 billion and 110 billion won, of which Lotte Shopping will invest 20 billion to 30 billion won."

A Lotte Shopping official explained: "We have been paying attention to the growth trend of second-hand trading platforms. Affected by the epidemic, the domestic second-hand market is becoming a mainstream consumer market. We have now made an investment decision to enter the second-hand trading market."

"Mercari", an online second-hand trading platform headquartered in Tokyo, recently announced through its official website that it has reached a cooperation with Alibaba Group and Beenos. In the future, users of Taobao and Xianyu platforms will be able to browse and purchase corresponding products on the "Mercari" platform .

As Japan's first platform to engage in cross-border sales of second-hand goods with domestic websites, they are also committed to bringing users an easy, safe and enjoyable shopping experience.

After users of Taobao and Xianyu platforms purchase Mercari products, the "BUYEE Official Account" from Beenos Inc., a group listed on the Tokyo Stock Exchange in Japan, will place orders on the Mercari platform on behalf of the guests and be responsible for cross-border operations. It will inspect and package the second-hand goods and ship them to China, and the seller's transportation and platform fees will remain the same as before.