France
Recommerce Group, established in 2009 in France, stands as the European frontrunner in the buying, refurbishment, and resale of smartphones, alongside other high-tech products. The company's business model creates a robust ecosystem where used products are procured, meticulously refurbished, and resold through diverse channels including its own e-commerce platform, a wide network of retailers, telecoms, and European marketplaces.
With a dedicated commitment to Sustainable Development and Corporate Social Responsibility (CSR), Recommerce Group emphasizes avoiding obsolescence and advancing the circular economy. Their CSR efforts have earned them a Platinum rating by Ecovadis. The company is notable for its recognition in the Next 40 and French Tech 120 programs, an indicator of its formidable presence in the tech scene.
The company garnered a €50.00M Series C investment on 06 February 2018, backed by investors like Creadev and Capzanine. With certifications including ISO 14001 and ISO 9001, and a landmark RecQ - ReConditioning Quality label, Recommerce Group is positioned as a high-quality service provider in the second-hand tech market. This positions them as a promising investment opportunity in the expanding secondary tech product sector.
