‘Perfect Storm’ of factors fuels rise in smartphone recycling
Government initiatives and industry focus on environmental responsibility and standardization are boosting used smartphone sales, even as new product sales flatten By Kerry Xuefeng Chen A confluence of factors…
ATRenew chases new growth with refurbishment, new Apple partnership
The recycling specialist said its sales of refurbished products more than doubled in the third quarter, as it ramps up business under its new recycling partnership with Apple Key Takeaways:…
FAST NEWS: ATRenew partners with Apple for iPhone recycling in China
The Latest: Apple (APPL.US) added AHS Recycle, one of the core brands of ATRenew Inc. (RERE.US), as a new third-party partner for its iPhone trade-in program in China, according to…
ATRenew steps on efficiency pedal in drive to sustainable profits
The recycling specialist reported a second consecutive quarter of profitability on an adjusted basis in the fourth quarter, and could turn profitable on that basis for the full year in…
ATRenew Sees Better Times Ahead in Evolving Role as ‘Recycler for All Seasons’
Smartphone recycler’s revenue growth slowed sharply to 15% in second quarter, but it forecast the rate would double in the current quarter as Covid disruptions fade Key Takeaways: ATRenew forecast…
ATRenew ESG Report Shows Progress, But Still Work to Be Done
Smartphone recycler discloses more details about carbon emissions, steps to improve its governance in its second environmental, social and governance report Key Takeaways: ATRenew’s greenhouse emissions increased substantially last year…
ATRenew Starts the Year Off Strong, Braces for Covid Impact
The smartphone recycler’s revenue rose 45.7% in the first quarter, but it forecast a slowdown in the second due to pandemic-related disruptions before a gradual recovery later in the year…
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