China’s largest online-to-offline (O2O) platform for secondhand electronic product recycling, with a market share of 8.7% in terms of number of devices transacted.
Why
Worries about privacy protection
Many people fear having their personal data leaked when selling their used electronic products.
Environmental concerns
Second-hand electronic products can cause serious environmental issues when not disposed of properly.
Unnecessary waste of resources
Many parts from second-hand products can still be used.
Market
546m
Projected number of pre-owned devices transacted to merchants and individual buyers by 2025, growing at a CAGR of 24% from 189m in 2020: CIC Report
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