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.
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