Xianyu responds to account ban: Suspected risk accounts will be punished

According to news from this site on November 23, some netizens reported yesterday that a large number of users on the second-hand trading platform Xianyu had their accounts banned. This matter subsequently appeared on the hot search

In response to this, Xianyu officially responded to Chengshi Interactive and said: Xianyu has recently upgraded its governance plan. Xianyu will follow the real-name requirements for account registration and other possible historical zombie accounts. After comprehensive judgment based on other factors, if a suspected risky account is found, different levels of penalties will be imposed according to the situation to protect the rights and interests of consumers in the first place.

This site previously reported that Alibaba Group released its second quarter financial report for fiscal year 2024 last week. During the earnings conference call, Alibaba CEO Wu Yongming announced the first batch of strategic innovative businesses - the "Four Little Dragons", namely 1688, Xianyu, DingTalk, and Quark.

In September this year, Quark’s DAU increased by more than 35% year-on-year, and Xianyu’s DAU increased by more than 20% year-on-year. Data released in May this year showed that the number of Xianyu users has exceeded 500 million, of which users born after 1995 accounted for 43% and those born after 2000 accounted for 22%.

Related reading:

Alibaba’s revenue in the second quarter of fiscal year 2024 was 224.79 billion yuan, a year-on-year increase of 9%

"Alibaba's 1688, Xian Yu, DingTalk, and Quark will operate as independent subsidiaries in the future》

《Xianyu: The number of users exceeds 500 million, and those born in 1995 account for over 40%》

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