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Taobao’s ‘Special Value’ App is Selling Products for ¥1

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Tap That App is a regular segment where we feature an app our editors think is cool.With the Singles’ Day shopping festival coming up, we channeled the spirit of shopping with the Taobao ‘Special Value’ app.Taobao Special Value (淘宝特价板) focuses on ultra-competitive product pricing and is considered a rival of e-commerce platform Pinduoduo. According to…
Taobao’s ‘Special Value’ App is Selling Products for ¥1

Tap That App is a regular segment where we feature an app our editors think is cool.With the Singles’ Day shopping festival coming up, we channeled the spirit of shopping with the Taobao ‘Special Value’ app.Taobao Special Value
(淘宝特价板) focuses on ultra-competitive
product pricing and is considered a rival of e-commerce platform Pinduoduo.
According to Yicai Global, the app
utilizes a new e-commerce model where
products move directly from factories to
customers’ front doors. If you thought Taobao was cheap, just imagine these prices…This month, the
app has been one of the most popular downloads on Apple’s App Store in China as a
separate shopping festival called ‘Geng
Xiang’ began promoting selected products for only RMB1. (Our RMB1 phone charger just arrived…) Geng Xiang is said to
continue until after Singles’ Day. The app reached 55 million monthly
active users (MAU) in August and will
likely have many more users signing
up to take advantage of stupidly cheap
products. Are the products on Taobao Special
Value super high-quality? We highly
doubt it – and avoid buying soda water.But, if
you like shopping and want to spend as
little money as possible, then this is arguably the best app to accomplish that.You can download Taobao
Special Value on iOS and Androiddevices.
Click here for more Tap that App.[Cover image via Apple’s App Store] Read More

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