In case you missed it, China has topped the list of the world’s largest luxury goods markets. It’s not a rare scene in large Chinese cities to see fashionable Chinese women carrying Louis Vuitton or Gucci bags, on the street, on public transport, or even in a supermarket. In all, Chinese consumers account for a whopping 31% of global luxury sales.
China’s expanding consumer class and booming e-commerce scene has given rise to many luxury goods platforms. Among them is Secoo, China’s largest one-stop luxury lifestyle products and services platform.
Director of international business: Tao Guangquan
Founded in: 2008
Latest financing: USD 100 million
Registered users: 15 million
Here’s a video interview with Tao Guangquan:
Viewers from China please click here.
AllChinaTech has launched an Indiegogo campaign for our video series “Coding China: 20 must-know startups in video”. Find out more here.
Check out our feature story on Secoo, here:
(Top photo provided by Secoo)