Chinese online retailer JD.com took over internet giant Tencent’s e-commerce operations back in March, and now it has relaunched the latter’s Paipai eBay-like consumer-to-consumer marketplace, taking its battle with Alibaba up a notch. The newly-refurbished platform has more emphasis on search relevance rather than advertising, boasts reduced marketing costs for sellers and lets users complete orders through JD’s nationwide fulfillment network — which means access to same-day and next-day delivery. The search function is particularly important as it helps to keep users on the platform. JD is using a new algorithm on Paipai that prioritizes sellers based on factors such…
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