Sharing becomes a trend among China's post-90s generation

Updated 2017-03-30 13:31:26

(ECNS) -- The sharing economy is increasingly penetrating China's post-90s generation, according to a report jointly released by CBNData and Alibaba's online flea market Xianyu on Wednesday.

The post-90s take up a 52.37-percent share of the total number of Xianyu's users, and conduct 20 percent more interactions on the platform than the average level. In particular, the post-95s register 13.14 interactions daily, compared to 12.77 for the post-90s and 11.96 for the post-1980s.

The post-90s spend an average of 53 minutes communicating with the owner of their desired product and making purchases, and the number of interactions can reach as many as 15. Both numbers are the highest among all age groups.

Data show that each post-90s user posted an average of 17 items from March 2016 to March 2017, or 1.4 a month, on Xianyu.

Trading of niche brands on Xianyu saw a significant rise in the past year, with earphones and perfumes being the new favorites of the post-90s.

They also share novel services on Xianyu, including skill exchanges, “lovers' prattle,” wake-up services and tarot reading.

In addition, unconventional items such as college entrance exam champion's notes and manuscripts are auctioned off by them. According to the report, four of the original paintings for the movie Kung Fu Panda 3 received 59 bids and fetched 7,179 yuan (,041).

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