It seem more smoother and faster than the old version !!
Source : XDA Thanks Deeco7
Requirements: Android v2.2+
Overview: Play Anywhere, All your entertainment in one place, Google Play is your one-stop shop for all your favorite entertainment.
Link sponsor:
Mod version features:
– Unlimited access to apps in Google Play Store
– Removed countries restriction in Google Play Store
– Fixed the issue which your device is not compatible with this item in Google Play Store
Just in case you are not able to replace the apk , follow this guide :
Installation Guide:
1.Download the apk from the links
2.put the apk on the phone ,don’t use adb install *.apk in won’t work it will say it already exists
3.Open the apk from the phone using a File explorer (e.g. ES File Explorer/Root explorer)
4.it will ask you if you want to replace the current market,press yes.
5.wait for install and voila you have the new market 
NOTE:this method replaces the old market.
Possible Troubleshoot:
If you have download problem after Installing new market do this
” Connect your phone to your computer,
set in usb mass storage mode. Look for
a hidden folder called “.android_ secure”
and then delete the file
“smdl2tmp1 .asec”. Unmount and you
should be good to go.”
MOD VENDING: Vending-3.5.16-mod.apk – [Click for QR Code]
CLASSIC VENDING: Vending-3.5.16.apk – [Click for QR Code]
