ATRenew (RERE) said Tuesday it launched its FoneSquare global B2B marketplace for pre-owned consumer electronics and opened its first store in Hong Kong for its new ReRe consumer brand.
The ReRe store, located at Citywalk in Tsuen Wan, offers recycling services and retail of pre-owned consumer electronics, luxury goods, sporting goods, and hobby items, the company said.
ATRenew also said it has deployed its AI valuation machine and MAX front-end inspection terminal at the store.
Shares of ATRenew were up more than 5% in Tuesday trading.
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