On May 6, the second-hand trading platform of 58 Group announced the strategic merger of second-hand mobile phone B2C trading platforms to find good opportunities. After the merger, looking for Liangji, as a subsidiary of Zhuanzhuan Group, will continue to maintain its independent brand development and further expand the B2C market in the second-hand 3C field. Reported that the co-founder looking for Liangji will also become the co-founder of Zhuanzhuan.

According to a reporter from Peng Pai, Huang Wei in his internal letter to all employees of Zhuan Zhuan and Xuan Liang Ji on May 6, described the details of the strategic merger of the two companies, and further said that Zhuan Zhuan After the merger, Liangji will become a technology unicorn with a market value of more than $ 1.8 billion.

Huang Wei revealed in his internal letter that it was during the epidemic when meeting with the Liangqi team. I talked with Xiang Changfeng (co-founder and vice president), Wen Yanjie and Hu Weikun (chief operating officer of Liangji) all night long in a tea house in Shenzhen, and ate and took out beer in an isolated hotel in Beijing. Let the meeting teachers add a little more wonderful color.

“Looking for a good machine is a platform for second-hand mobile phone B2C, it is a comprehensive second-hand platform that is famous for second-hand mobile phones. After this merger, we will further consolidate the line The first position of second-hand mobile phone user transactions will also become the first B2C in the field of mobile phone 3C, and the first in online C2B. “Huang Wei said that at the business level, the brand looking for Liangji will still maintain professional independent operation. The mobile phone 3C and the search machine business will be fully coordinated, unify the second-hand mobile phone inspection certification standards, build a more reliable quality inspection and after-sales service, take advantage of building a more efficient B2B circulation platform, let the good machine return to its due value .

In terms of team integration, the founder of Liangji will become the new co-founder, and the shares of the Liangji team will also be converted into Zhuanzhuan Group. Investors such as Meihua Venture Capital, Qingshan Capital, Dongfang Fuhai will also become shareholders.

It is understood that the transfer and search engine were born in 2015. According to the data of Tianyancha, in September 2019, the 300 million USD round of financing was transferred, and the investors were 58 Tongcheng and Tencent. In November of the same year, Zhuanzhuan took the lead to establish B2BThe second-hand trading platform “Caihuxia”, while consolidating the number one position of second-hand mobile phone users, began to deploy 2B business.

Finding a beautiful machine is a vertical platform of second-hand mobile phones based on B2C mode. The main body of operation is Shenzhen Wanshifu Technology Co., Ltd. Before the merger with the transfer strategy, After three times of financing, the most recent one was in July 2018, looking for Liangji to complete an A + round of financing of 70.33 million yuan. At present, the platform has accumulated more than 90 million download users, and MAU ranks third in the second-hand industry, immediately after idle fish and transfer.