Jutubao links rural land buyers and sellers online, taking 30% of market share

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.

The first of its kind in the country, "Jutubao" in Chinese means a valuable place to find land.