According to the third-party platform QuestMobile report, Xianyu, Xiaohongshu, and Bilibili are equally popular among high-value young people, and Xianyu's popularity among high-value young people in first- and second-tier cities exceeds that of Bilibili. As of April 2024, the total monthly active user base of the Chinese second-hand e-commerce industry is 178 million, nearly 50% of which are young people under the age of 30. Xianyu's monthly active users have reached 162 million, an increase of 19.1% year-on-year, and continue to lead the industry. In addition, Xianyu's high-value users with online consumption ability above 2000 yuan accounts for 52.7% of total users, significantly higher than the overall level of the Internet industry.