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Shanghai Feihong operates an online platform for identifying, auctioning and recycling second-hand luxury goods.
Founded in 2017 and based in Shanghai, China, Shanghai Feihong Network Technology operates a second-hand luxury goods identification and trading platform. Its services include auctions and recycling, supported by an in-house AI valuation model for rating and appraisal. The company has a 6,000-square-meter processing center and had completed five funding rounds as of 2021.
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