HUISHOUBAO is a company with a mission to regain great value for the unused. Since its founding in 2014, the company has quickly established itself as the leading platform for recycling mobile devices and other services. Huishoubao has constructed a close-loop for phone post-consuming with the sub-brands "Huishoubao" (online recycling platform), "Huanjixia" (offline trade-in), "Cola Goods" (second hand e-commerce), "Naquyong" (digital devices rental), and investment brand "Shanxiuxia" (digital devices repairing).
The company operates in the Internet, Mobile, Payments, and Sustainability industries. In its latest funding round, HUISHOUBAO raised $29.25M in a Series C investment on 06 September 2018, with investment coming from Alibaba Group.
Overall, HUISHOUBAO has demonstrated significant growth since its inception and has secured a noteworthy investment from a prominent player in the industry, reflecting investor confidence in the company's potential.
