Written on July 22, 2023 in
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Back market Back Market, also known as Jung SAS, is a French ecommerce business founded in 2014 that serves as a middleman between consumers and experts in the reconditioning of electrical and electronic equipment.With offices in Paris, Bordeaux, New York, and Berlin, it will employ slightly over 600 people in 2021. Back Market serves as a marketplace, providing end users with used equipment that has been professionally recycled, resold in secondhand stores, converted into cash, or returned from supermarkets. On the website, products from reputable recyclers are highlighted. According to the corporation, the percentage of sold defective products decreased from 10% to 5% in 2019. The business, which has operations in seventeen nations, raises 450 million euros in January 2022 on a valuation of 5.1 billion euros 14. The corporation will separate 13% of its workforce, or 93 out of 715 employees, in France and abroad at the end of 2022. The most valuable…
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