◆ The employees of "Chuicaobao" are testing second-hand mobile phones.
text | Pencil Road Reporter Yang Boyu
►Introduction
Today, Xiong Zhou, a partner of "Huaishoubao", revealed to Pencil Road that the company completed a 300 million yuan B round of financing in September this year. This round of financing was led by Haixia Capital, followed by Source Code Capital, Cheng Capital, CITIC Capital and Shiming Investment SMC. The funds will be mainly used for team building, brand promotion, technology investment and strategic layout of the mobile phone post-service market.
"Recycling Bao" is a mobile phone digital recycling platform. The platform recycles mobile phones in both online and offline formats, and processes them in different colors of second-hand mobile phones in 2B or 2C.
Pencil Channel once made a special report on the project in February this year. "I won the A+ round and will be recycled on average 3,000 idle mobile phones per day, and cooperated with 10,000 stores to promote the old for new ones, and the monthly turnover is 40 million."
Note: Xiong Zhou promises that the data in the article is correct and responsible for the authenticity of the content. Pencil Channel makes an objective and real record, and has backed up the speed record
"In addition to being consistent with the investment field of Strait Capital (big consumption field), the other party also likes the containment of environmental pollution by mobile phone recycling." Xiong Zhou explained this when introducing the process of this round of financing.
Therefore, when "Huaishoubao" started financing in July this year, the two parties only met twice and reached a financing intention within one month.
htmlIn September, "Huaishoubao" won the lead investment of Strait Capital, and the 300 million yuan B round of financing followed by Source Code Capital, CITIC Capital, and Shiming Investment SMC. This fund will be mainly used for team building, brand promotion, technology investment and strategic layout of the mobile phone post-service market.
"Recycling Bao" is an second-hand mobile phone recycling company. The company mainly recycles mobile phones online and offline. online means to complete recycling business through mail testing using the official website, official account and third-party cooperation portal; offline means to cooperate with nearly 20,000 mobile phone retail stores across the country to recycle mobile phones through mobile phone salesmen.
offline store clerks use the independently developed intelligent detection app to standardize the detection of second-hand mobile phones (such as the identification of counterfeit phones, etc.), and quote the mobile phones from the dimensions of new and old, model, market price, etc. based on artificial big data algorithms. After receiving the customer's second-hand mobile phone, the team will videotape the entire inspection process and use the "data filling method" (such as the method of filling pictures and texts multiple times and then deleting them) to clear the mobile phone data to ensure the security of customer information.
◆ "Recycling Treasure" has recycled more than 5 million second-hand mobile phones in total.
In February this year, when Pencil Road first reported on "Recycling Treasure", the project had just received A+ round financing from SMC Shiming Group. At that time, the platform recycled more than 100,000 mobile phones per month, with a monthly turnover of nearly 40 million yuan. After nearly 8 months of development, "Recycling Bao" currently recycles 200,000 mobile phones per month, with a monthly turnover of nearly 100 million yuan. In addition to expanding the business scale, the team also reached a cooperation agreement with vivo mobile phone. "Recycling Bao" has entered the vivo official mall to provide users with old-for-new services. Up to now, "Huaishoubao" has established cooperative relationships with mobile phone brands such as Huawei and vivo.
In addition, "Huaishoubao" is officially connected to the Alipay Credit Life Portal. The platform provides prepayment recycling services to customers with Sesame Credit score of 650 or above. Users can receive part of the prepayment paid by the platform while mailing their mobile phones, and the payment amount depends on different models.
In June this year, "Huaishoubao" made a round A strategic investment in the mobile phone O2O maintenance platform " Flash Xiuxia ". The platform has cooperated with "Fan Xiuxia" to provide customers with door-to-door recycling services in some cities. Xiong Zhou and his team plan to promote this service to more than 20 cities covered by "Flash Xiuxia" by the end of this year.
According to Xiong Zhou, the team will continue to expand the C-end market in the next step and lay out the post-mobile service market. “The company will continue to make strategic investments in companies that have synergies with the second-hand mobile phone sector and will achieve profitability next year.”
/The End/
Editor Luo Zhengchen Proofreading Wu Xiaoyu
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