Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

Wish launches tech trade-in program in Europe

EditorAhmed Abdulazez Abdulkadir
Published 26/02/2024, 11:32
© Reuters.
WISH
-

SAN FRANCISCO - ContextLogic Inc. (NASDAQ: WISH), operating as Wish, a global mobile ecommerce platform, has announced the launch of its new trade-in service, 'Wish Trade-In', in partnership with Remarketed, a prominent refurbished goods provider in Europe. Starting next month, this service will initially be available to customers in The Netherlands, with plans to expand to additional markets.

The 'Wish Trade-In' program allows consumers to exchange their old tech devices, such as smartphones, laptops, tablets, and smartwatches, for cash. Remarketed will provide an instant estimated valuation based on the device's age and condition. Customers can ship their devices for free and receive payment after their items are received and verified. A selection of these refurbished devices will subsequently be sold on Wish's platform.

Alan Small, Director of Business Development at Wish, highlighted the dual benefits of the program: putting cash back into customers' hands and reducing electronic waste by prolonging the lifespan of products. The initiative is also in line with Wish's expansion of its refurbished electronics range, offering consumers access to new technology at lower prices.

Wish, founded in 2010 and headquartered in San Francisco, connects millions of value-conscious consumers to merchants worldwide. The company is known for its data science capabilities and a shopping experience that emphasizes personalization and visual engagement.

Remarketed, established in 2017 and based in the Netherlands, has quickly become a key player in the refurbishment industry, promoting high-quality, sustainable technology solutions.

The information provided is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.