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Link: https://www.rt.com/business/410588-boeings-sold-taobao-online/
Online shopping in China is reaching a new level after two Boeing 747 planes were sold on Alibaba’s e-commerce platform Taobao. This is the first time airliners have been purchased via an online auction.
The jets were bought by Chinese cargo airline SF Airlines for more than 320 million yuan ($48 million) from the Intermediate People’s Court in the city of Shenzhen, southeastern China, Alibaba-owned South China Morning Post reported. The court seized the Boeings after Jade Cargo International went bankrupt in 2013.