The UK becomes the seventh market reBuy has entered in across Europe
German reCommerce company reBuy has launched in the UK with recycler Technology Recycle Group (TRG) as its UK partner.
reBuy specialise in buying back unwanted, broken and old mobile phones, with the Berlin-based reBuy posting turnover figures of €140 million for the 2018 financial year.
The UK is the seventh market it has entered in Europe, following ventures into Austria, France, the Netherlands, Italy and Spain.
The partnership has seen reBuy relaunch its website to include its processing partner TRG, who purchase the consumer electronics, with the products available through this website.
There are also plans later this year for offer a buyback service for tablets, consoles, camera and lenses, headphones, smart speakers, smart watches and MacBooks.
reBuy business development manager Lisa Damen said: “Last year we implemented various measures to increase customer satisfaction, set up new IT structures, invested in our reBuy team and worked on our automation processes.
“We have created a strong base and received funding of €21m. Now we are relying on the international scaling of our sustainable business model – which is absolutely right on time across Europe. ”