Pre Owned news and trends

COVID Creates A Seller’s Market In reCommerce
Payment Methods // May 13, 2020

Whether it’s called “certified pre-owned” or just plain “used,” reCommerce has never been hotter. Online marketplaces are well-situated for a COVID-triggered digital shift, personified by millions of the newly unemployed who are desperately seeking lockdown diversions and elusive items. The reCommerce marketplace OfferUp first made...

Kohl’s Sizzles, ICOs Fizzle And Juicero’s Cold-Pressed Sales Run Dry
Sizzle/Fizzle // September 08, 2017

Sizzle Kohl’s: Brick-and-mortar stores are the new battlefront for Amazon, and Kohl’s is the latest beneficiary. The physical retailer is joining forces with the online juggernaut and is debuting a “smart home” experience across 10 stores in Chicago and Los Angeles.  Folks can buy Amazon...

Quick Reads
Soum Raises $18 Million to Expand ReCommerce in MENA

December 20, 2023
ReCommerce platform Soum has raised $18 million to expand through the Middle East. The company, founded in Saudi Arabia in 2021, now hopes to extend its business into other parts of the Middle East and North Africa (MENA), beginning with the United Arab Emirates (UAE), the firm’s leaders told TechCrunch on Wednesday (Dec. 20). In addition to its […]