Company Market Research Report: Reebelo
Company Overview
- Name: Reebelo
- Mission:
- Reebelo is on a mission to reduce e-waste and promote sustainable shopping by refreshing the way consumers buy and use tech products. The company aims to create a trusted platform for sustainable tech consumption, making electronics more affordable and accessible without compromising on quality.
- Founded: 2019
- Founders: Philip Franta and Fabien Rastouil
- Key People:
- Philip Franta, CEO
- Fabien Rastouil, Co-founder and Chief Product Officer
- Gulrez Tyebji, Managing Director of Reebelo ANZ
- Headquarters:
- Initially founded in Singapore; new headquarters established in San Mateo, California, USA.
- Employees: No specific information provided.
- Revenue: No specific information provided, but noted for 12x growth in gross merchandise value and tripling global sales in recent years.
- Known For:
- Reebelo is recognized for its commitment to the circular economy through the sale and promotion of refurbished consumer electronics, helping prevent e-waste and offering devices at up to 70% savings.
Products
- Offered Products:
- Smartphones, laptops, tablets, smartwatches, gaming consoles, and various other electronics.
- High-Level Product Description:
- Reebelo provides a wide range of quality-certified pre-loved tech devices from reputable brands like Apple, Samsung, Google, Microsoft, Oppo, and Huawei.
- Key Features:
- Every device undergoes 70+ quality checks and comes with up to a 12-month warranty. The marketplace is known for its emphasis on sustainability and significant cost savings.
Recent Developments
- Recent Developments:
- The establishment of a new U.S. headquarters in San Mateo, California.
- Extension of the Series A round by raising an additional $29 million, bringing the total to $50 million.
- Introduction of embedded financial services like buyback programs and upgrade options.
- New Products:
- No specific new products launched have been detailed beyond the general product offerings.
- New Features:
- Expansion of the Protect & Upgrade program, offering extra protection and features like screen and battery swaps.
- New Partnerships:
- The company collaborates with non-profit organizations like One Tree Planted to enhance their sustainability impact.
In summary, Reebelo has expanded its operations significantly since its founding, focusing on promoting a circular economy for electronics, and continuously enhancing its product offerings and customer services to adhere to environmental sustainability and economic efficiency.
Note: "No information is available" for specified fields such as specific revenue figures and the exact number of employees.