Haoqipei: Connecting China's vast B2B auto parts market

Image: Shutterstock

Haoqipei not only connects buyers and sellers with a B2B trading platform, it also uses big data to build trust and relationships in a highly fragmented market

00:00/00:00
For a market that did not exist in China before the 1980s, until China began liberalizing its auto industry, the auto parts segment has grown to become an economic force. On Guangyuan Road alone in the southern Chinese city of Guangzhou, more than a dozen auto parts epicenters attract customers from around the world, examining and buying auto parts. Country-wide, there are about 400,000 auto parts shops selling to some 500,000 auto repair shops, both offline and via the WeChat app. The auto aftermarket is expected to grow steadily in the coming years, exceeding RMB 500bn th...
Limited Reading

The rest of the content is only available if you are logged in.

Limited Reading

Edited by S. Mani , Vincent J Morkri

Your payment was not successful.

Please make sure you have entered your payment details correctly. Or try again in a few moments.

small logo

The discount code you entered is invalid

Please make sure you have entered your discount code correctly. Or try again in a few moments.

Download successful.

Your sample has been sent. Please check your email.

By accessing and using www.compasslist.com and all pages within the domain (the “Website”), You accept and agree to have read, understood, accepted and agreed to be bound by the Terms of Use and Privacy Policy in full. If you disagree with all or any part of these Terms of Use and Privacy Policy, please do not use or continue any further use of this website. You acknowledge that you are aware that this Website contains an archive of existing content as at 31 December 2021 and is not being actively managed. We are under no obligation to update the content on this Website and, accordingly, no new content or articles will be posted to the Website after 31 December 2021.