Last December, an online auction of an island in the Maldives on Chinese e-commerce platform Taobao.com hit the headlines. Surprisingly for such a big deal, the agency that handled all the business transactions was a startup company in Chongqing. In April, 2015, the internet company Chongqing Meicun Technology Co Ltd launched jutubao.com, a website that provides one-stop services for land transactions at home and abroad…Full Article: ECNS.cn Nov 2016

Key Point

  • Jutubao began as an incubator startup at Tencent [see JD.com] Makerspace in Chongqing. The e-commerce platform primarily focuses on rural land transactions.

ChinaAg Comment

  • Headquartered in Chongqing Municipality, Jutubao allows individuals to transfer, rent, sell, or enter into cooperation sharing agreements with their land.

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