2nd-hand smartphone demand rises, driving brands and platforms to partner with refurbishers for organized sales.
Demand for second-hand smartphones is rising, prompting brands and platforms to prevent old devices from reaching the unorganised market, which still accounts for over 80% of sales. Refurbished smartphone seller ReFit Global expects the industry to grow 16% in 2024. E-commerce platforms and smartphone brands are partnering with refurbishing players to sell old devices directly and improve the process's organisation.
April 18, 2024
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