China's new unicorn: Secondhand electronics platform Aihuishou now worth US$1.5 billion
- China
- 6 min read
- Jan 04, 2019
- By Li Yuan
Aihuishou's latest funding round is the largest yet for a secondhand electronics platform
In July 2018, Chinese startup Aihuishou, a secondhand electronics platform, received US$150 million in a Series E funding round led by Tiger Fund with the participation of JD.com.
The funding, the world's largest for the secondhand electronics industry, quadrupled the company's valuation to US$1.5 billion.
Founded in 2011, Aihuishou is the most successful secondhand electronics platform in China. By purchasing used electronic devices such as smartphones, laptops and tablets from customers through mail order, self-service machines and brick-and-mortar stores and reselling them at higher p...
The funding, the world's largest for the secondhand electronics industry, quadrupled the company's valuation to US$1.5 billion.
Founded in 2011, Aihuishou is the most successful secondhand electronics platform in China. By purchasing used electronic devices such as smartphones, laptops and tablets from customers through mail order, self-service machines and brick-and-mortar stores and reselling them at higher p...
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