Back Market offers a marketplace for approved partners to sell old phones, tablets, smartwatches, and other electronics, thereby “up-cycling” them and reselling them to consumers who might want fairly new tech but just a little more affordably.
The new half-billion-dollar funding round brings total investment in Back Market to more than $1 billion since the company was founded in 2014. Back Market has over six million customers, and sees its mission as a critical stage in the evolution of the electronics market.
It also makes sense when you consider that for car sales, most dealerships make more money when they sell a used car then when they sell a new one.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Al Sharpton delivers eulogy for 14-year-old girl shot by LAPDFamily, friends and community activists gathered in southern California for the funeral of Valentina Orellana-Peralta, the 14-year-old fatally shot by a Los Angeles police officer while Christmas shopping with her mother.
Read more »
Unidentified suspect sexually assaults 71-year-old womanPolice are seeking the public's help in finding a suspect who sexually assaulted a 71-year-old woman in Visitacion Valley, the San Francisco Police Department announced on Monday.
Read more »
14-year-old girl shot by police remembered at LA funeralFamily, friends, civil rights activists and community members memorialized a 14-year-old girl shot and killed in a clothing store dressing room when Los Angeles police fired at a suspect and a bullet pierced a wall
Read more »
Police looking for 80-year-old woman missing from central Pa.A Ring doorbell camera showed her walking down a Carlisle street around 2 a.m. Tuesday, police said.
Read more »