Recommerce | AIM Group https://aimgroup.com Interactive Media and Classified Advertising Consultants Fri, 31 Oct 2025 12:00:34 +0000 en-US hourly 1 https://aimgroup.com/wp-content/uploads/2019/02/cropped-favicon-96x96.png Recommerce | AIM Group https://aimgroup.com 32 32 Avito tightens terms for sellers of fashion goods https://aimgroup.com/2025/10/31/avito-tightens-terms-for-sellers-fashion-goods/ Fri, 31 Oct 2025 04:11:26 +0000 https://aimgroup.com/?p=766598

The largest Russia-based classified Avito has tightened the terms for sellers without a tariff in the fashion category. For them, selling goods is now only possible with paid Avito delivery, and the sales commission will range from 2% to 9%, debited ...

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Daangn.com launches multiple listing feature for sellers https://aimgroup.com/2025/10/29/daangn-com-launches-multiple-listing-feature-for-sellers/ Wed, 29 Oct 2025 16:48:00 +0000 https://aimgroup.com/?p=765033

South Korea-based marketplace horizontal Daangn.com received a positive response to a four-week experiment of a new feature enabling sellers to upload photos for automatic creation of multiple listings, titles, and descriptions.

According to a news release (translated by Google), this positive feedback paved the way for Daangn to roll out its new ‘multiple item posting’ function on a full scale.

Daangn operates on a cost-per-click business model, allowing sellers to list and sell multiple items simultaneously. With this feature, users can upload up to 30 photos of various products; AI then analyzes the images, categorizes them into individual posts, and automatically creates sales posts tailored to each item.

During pre-launch testing, users responded with comments like, “It’s incredibly convenient because I can post all at once, so I don’t have to repeat the same tasks,” and “I just uploaded photos, and it automatically categorized them and wrote sales posts. It’s the best.”

This multiple listing feature builds on the AI image reader introduced earlier this year and an AI pricing tool unveiled mid-year. Additionally, the marketplace continues to enhance its fraud protection with a new AI system.

The company stated, “This feature has drastically reduced the time it takes to post multiple sales posts, allowing users to trade more efficiently. We will continue to actively utilize AI technology to make the second-hand trading process more convenient and enjoyable.”

They also emphasized their ongoing commitment: “We will continue to actively adopt AI technology to make the second-hand trading process more convenient and enjoyable.”

Founded in 2015 and operated by Danggeun Market Inc., Daangn saw 5.5 million visits in September, ranking second behind competitor Bunjang, which had 6.7 million monthly visits, according to Similarweb data.

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MGKL Group H1 2025: recommerce business shows healthy growth https://aimgroup.com/2025/10/28/mgkl-group-h1-2025-recommerce-business-shows-healthy-growth/ Tue, 28 Oct 2025 21:43:23 +0000 https://aimgroup.com/?p=763944

Revenue at MGKL Group, the first Russia-based public operator in the recommerce market, increased in the first six months of this year (H1 2025) by 230% compared to the same period in 2024, to RUB10.1 billion ($127 million), according to the company’...

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Vend Marketplaces Q3 2025: Revenue dips, but EBITDA surges https://aimgroup.com/2025/10/28/vend-marketplaces-q3-2025-revenue-dips-ebitda-surges/ Tue, 28 Oct 2025 11:57:34 +0000 https://aimgroup.com/?p=762213

Operating revenue at Norway-based Vend Marketplaces (formerly Schibsted Marketplaces) fell by 2% year on year (y-o-y) to NOK1.6 billion ($158 million) in Q3 2025. Operating revenue declined by 1% on a constant-currency basis.
However, EBITDA surged b...

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Yahoo Japan Flea Market launches photo appraisal to simplify pricing https://aimgroup.com/2025/10/28/yahoo-japan-flea-market-launches-photo-appraisal-to-simplify-pricing/ Tue, 28 Oct 2025 10:39:24 +0000 https://aimgroup.com/?p=761355 Yahoo Japan Flea Market (formerly PayPayFleaMarket) has introduced a new easy AI appraisal feature to help users set listing prices simply by uploading a photo of the product to be sold.

This feature was launched following a pre-launch survey by Yahoo Japan Flea Market, part of LY Corp.’s re-use segment, where 33% of respondents were unsure about pricing and many showed interest in an image-based price suggestion tool, according to company news release (translated by Google).

The AI, powered by Google’s generative Gemini model, analyzes the photo to automatically generate product titles, descriptions, conditions, and price suggestions, simplifying and speeding up the listing process.

Users can send photos through the official LINE account for AI analysis, which estimates market prices and category information.

This new functionality upgrades the prior AI-assisted listing tools and aims to enhance user convenience compared to competitors like Mercari.

Yahoo Japan Flea Market has been downloaded over 30 million times, surpassing Mercari Japan’s 23 million monthly active users for the fiscal year ending June 30, 2025.

LY Corp. generated JPY12.4 billion ($83.9 million) in revenue from its re-use segment, covering Yahoo Japan Auction, Yahoo Japan Flea Market, ZozoUsed and Beenos, for the first quarter ended June.

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Russia-based Resale Market launches investment instrument to finance resellers https://aimgroup.com/2025/10/23/russia-based-resale-market-launches-investment-instrument-to-finance-resellers/ Fri, 24 Oct 2025 01:16:58 +0000 https://aimgroup.com/?p=754457

MGKL Group, a Russia-based operator of pawn shops and Resale Market recommerce business, has acquired an investment company for financing sellers on the site, New Retail reported. The acquisition was named Resale Invest and became part of the MKGL Gr...

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Russian recommerce shows world-leading growth – Avito https://aimgroup.com/2025/10/22/russian-recommerce-shows-world-leading-growth-avito/ Wed, 22 Oct 2025 21:05:25 +0000 https://aimgroup.com/?p=753235 The Russian e-commerce and resale market is among the top ten in the world and the fastest-growing among them, claimed the largest Russia-based classified Avito at a business development event. According to Denis Zubov, Head of Strategy at Avito Goods, online sales of goods and services grew by 33% last year with resale accounting for 14% of all e-commerce. The growth is mostly due to the move from offline to online shopping, with its share rising four-fold since 2018, he said.

Nikita Zakharov, Head of Fashion at Avito, estimated that 58% of shoppers purchased resale fashion items at least once last year. Among millennials and generation Z, this figure rises to 68%, he said, noting that fashion is one of the leading categories on Avito, accounting for 27% of all transactions and attracting over 27 million monthly visitors.

Premium brands are proving particularly popular in the resale market. Their share of the fashion category on Avito exceeds 15%, which is almost twice the luxury market share (8%) of the overall Russian clothing market. Young people aged 18-24 are quite prominent in second-hand purchases of clothing, electronics and furniture.

The changes in their shopping habits are driven by environmental concerns, and bargain hunting for rare and unique items that can be found among second-hand goods, Zakharov said. The most-in-demand are items with cultural and historic value, Zakharov observed, like those from the Soviet era. The resale of vintage items is a good entry point into business, he opined.

Almost half of Russians polled by Avito said they buy goods on resale sites, and one in five regularly sell unwanted items online. Every second respondent have listed items for sale or purchased them from private individuals at least once. “Most often, users sell clothing, shoes, electronics, and children’s goods. For some, it’s a way to make money, for others, it’s a way to free up space,” observed Alexey Li, commercial director of Avito Goods.

In 2024, 41% of sellers earned up to RUB10,000 ($123) 8% earned between RUB10,000 and RUB30,000, and 5% earned more than RUB30,000. The average income among those who indicated a precise amount was RUB11,000.

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Adevinta-owned LeBonCoin launches insurance for electronics, appliances https://aimgroup.com/2025/10/22/leboncoin-launches-insurance-for-secondhand-electronics-appliances/ Wed, 22 Oct 2025 10:34:28 +0000 https://aimgroup.com/?p=752359 France-based LeBonCoin (LBC) has launched Breakdown Protection — insurance coverage for used electronics and home appliances purchased through its marketplace.

Breakdown Protection is an optional service that covers buyers in the event of a breakdown in a used electronic device or household appliance purchased on the marketplace.

“In the event of a breakdown, your device will be repaired free of charge or 100% refunded if it cannot be repaired,” according to the company’s website. (all quotes translated from French using Google)

“Whether it’s a smartphone, a computer or a home appliance, Breakdown Protection allows you to secure your used purchases. At the time of purchase, simply add the paid option by choosing the duration of your choice (3, 6, or 12 months). Protection is activated as soon as your purchase is approved for compliance upon receipt,” according to LBC’s website.

“If your item can’t be repaired, you’ll be refunded its full value… Our repair partners are carefully selected for their expertise… No fees to send your item to a repair center.”

Martin Bethonneau, chief product officer at Adevinta — LBC’s parent company — wrote in a LinkedIn post: “Today, nearly one in two French people give up buying a second-hand non-refurbished good for fear of breaking down!”

“With Breakdown Protection, no more stress, make way for peace of mind… a washing machine, a smartphone, a computer or a vacuum cleaner: In the event of a breakdown, the buyer is refunded 100% with our partner Neat Protect.”

The latter, which was founded in 2022 and is headquartered in Paris, describes itself as “the leading embedded insurance Insurtech providing white label and tailor-made insurance solutions to merchants across Europe.”

“From now on, before buying a new item, there is bound to be the secondhand item of your dreams on LeBonCoin… Cheaper and protected in the event of a breakdown,” Bethonneau concluded.

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Yaga secures $4.6M in pre-Series A funding round https://aimgroup.com/2025/10/21/yaga-secures-4-6m-in-pre-series-a-funding-round/ Tue, 21 Oct 2025 14:15:27 +0000 https://aimgroup.com/?p=751056 Yaga, a secondhand fashion marketplace, has secured €4 million ($4.6 million) in pre-Series A to expand its operations in Africa and the Middle East, according to its founder and CEO Aune Aunapuu.

In a LinkedIn post, Aunapuu highlighted the investment, led by Specialist VC, with participation from H&M Group Ventures, Trind Ventures, Startup Wise Guys, and a group of angel investors.

Yaga launched in the Estonian capital of Tallinn with Yaga.ee in 2017 and expanded to South Africa with Yaga.co.za in 2020. Late last year, the company started operation in Kenya at Yaga.co.ke.

“This funding helps us explore expansion opportunities in Africa and MENA and keep making circular fashion more accessible — and more fun,” Aunapuu noted in the post.

Yaga describes itself as a c-to-c marketplace with transaction services, like escrow payment and various shipping options. Both listing and selling are free.

Yaga previously announced $2.2 million in seed funding round back in 2022.

“We’ve come a long way: 25-person team, €50M+ GMV run-rate, profitable, and backed by an incredible community of supporters,” Aunapuu added.

Leading marketplace horizontal Gumtree South Africa termed Yaga as one of its key competitors during a conversation with the AIM Group.

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Don’t buy it! Avito removes ad offering stolen Louvre gems https://aimgroup.com/2025/10/21/dont-buy-it-avito-removes-ad-offering-stolen-louvre-gems/ Tue, 21 Oct 2025 12:39:58 +0000 https://aimgroup.com/?p=750831 The largest Russia-based classified Avito has removed an ad offering jewelry pieces stolen from the Louvre. Responding to media reports about the appearance of such ads on the site, Avito explained that there are over 6,000 ads with the words Louvre or Luvr in them, and they have nothing to do with the world-infamous museum in Paris. However, at least one ad appeared to refer specifically to the stolen gems, Avito admitted, insisting it must be a prank. “Don’t buy it (in all senses),” Avito said, and removed the ad.

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AIM Group’s Recommerce Intelligence launches with global insights https://aimgroup.com/2025/10/20/aim-groups-recommerce-intelligence-launches-with-global-insights/ Mon, 20 Oct 2025 23:32:54 +0000 https://aimgroup.com/?p=749800

ALTAMONTE SPRINGS, Fla. --- “Recommerce,” or the resale of used goods by and to consumers, retailers and marketplaces, will grow more than 10% per year for the next few years and is the fastest growing category of retail, a new report from the AIM Gr...

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Klarna brings Buy Now, Pay Later services to Allegro.cz https://aimgroup.com/2025/10/17/klarna-brings-buy-now-pay-later-services-to-allegro-cz/ Fri, 17 Oct 2025 07:04:48 +0000 https://aimgroup.com/?p=743132 Deferred payment provider Klarna has launched its services on Allegro.cz marketplace, allowing Czech shoppers to choose between “Pay in 30 Days” or “Pay in 3 Interest-Free Installments.”

Sellers on Allegro.cz do not need to sign separate agreements or make technical changes — they receive full payment upfront, while Klarna manages customer repayments. The installment option divides the cost into three automatic payments, with the first charged at checkout and the remaining two taken every 30 days.

Although Twisto already offers similar services on Allegro.cz, Klarna says the cooperation marks a significant step in strengthening its presence in Central and Eastern Europe, according to a report by Cashless.pl.

The fintech, active in the Czech market since 2022, also operates in Poland, Romania, Slovakia and Hungary. The company is headquartered in Sweden.

Allegro.cz, launched in 2023, is owned by Allegro — the leader in b-to-c and e-commerce marketplaces and No. 2 in c-to-c classifieds in Poland. In H1 2025, the company saw revenue rise 8.2% year on year to PLN5.6 billion ($1.5 billion), while adjusted EBITDA increased by 13.3% to PLN1.7 billion.

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Netherlands-based interiors marketplace Whoppah acquires Showroommodellen https://aimgroup.com/2025/10/17/netherlands-based-interiors-marketplace-whoppah-acquires-showroommodellen/ Fri, 17 Oct 2025 06:18:52 +0000 https://aimgroup.com/?p=741683 Whoppah, a niche marketplace specializing in furniture, lighting, tableware and art, has acquired luxury interiors ecommerce business Showroommodellen, which lists showroom furniture. Both companies are based in the Netherlands. 

Thomas Bunnik, co-founder and CEO of Whoppah, which announced last month that it had reached profitability, wrote on LinkedIn that the acquisition will allow retailers in Europe to list showroom furniture for free on Whoppah website: “All current Showroommodellen users will be welcomed on Whoppah and their items will be published on our international stage, enabling sellers and buyers to benefit from great reach and our highly advanced technologies.” 

Since its launch in 2019, Whoppah has expanded into 16 markets worldwide and says it has sold approximately €250 million ($292 million) worth of secondhand items.

“With a unique selection from thousands of private and professional sellers, we offer a treasure trove of beautiful design pieces for every interior enthusiast. Together, we make it possible to give the best design a second life,” according to the company’s website.

“At Whoppah, we offer a unique experience for buyers and sellers of second-hand designer furniture and interior items. As a buyer, you’ll discover a curated collection of quality pieces from both private individuals and professional sellers. As a seller, you’ll reach a large audience of design enthusiasts. We facilitate secure payments and offer various logistics solutions for hassle-free buying and selling.”

Whoppah acquired France-based Design Market, which lets users trade vintage and designer furniture, for an undisclosed sum in September 2024.

Showroommodellen collaborates with sellers in the Netherlands and Belgium and has access to 500 international brands spanning furniture, lighting and accessories. Items sell for up to 70% less than full price, it says.

“After years in which we have built a strong platform for showroom models and designer furniture together with our partners, the time has come to take the next step. By joining forces, we are continuing our mission to make circular design accessible on a much larger scale. This means: European reach, more technology and the same trusted, personal service for all our customers and sales partners,” Showroommodellen wrote in a LinkedIn post.

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Secondhand now second nature for U.K. consumers https://aimgroup.com/2025/10/16/secondhand-now-second-nature-for-u-k-consumers/ Thu, 16 Oct 2025 09:37:16 +0000 https://aimgroup.com/?p=741594

Recommerce has become mainstream in the U.K., with 83% of British consumers saying they bought secondhand items over the previous 12 months.
The findings come from a YouGov poll conducted on behalf of waste management company FCC Environment, which s...

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Running up a $30 billion business: How sneaker resale has gone global https://aimgroup.com/2025/10/12/running-up-a-30-billion-business-how-sneaker-resale-has-gone-global/ Sun, 12 Oct 2025 13:36:25 +0000 https://aimgroup.com/?p=735222

Sneaker resale industry to reach $30 billion plus in 2030
U.S., Asian markets lead the way, as investors pile in
General marketplaces need big pockets to compete

Sneaker resale: It’s bigger than you think.
By creating dependable authentication mecha...

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EU regulation doesn’t focus on the recommerce industry https://aimgroup.com/2025/10/11/eu-regulation-doesnt-focus-on-the-recommerce-industry/ Sat, 11 Oct 2025 16:39:54 +0000 https://aimgroup.com/?p=734121

Rules, directives push companies toward circular business models
Countries make companies responsible for products at end-of-life
Brands, retailers, marketplaces can lobby to support recomme

Recommerce, as an industry keeping products out of landfil...

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Carousell leans into classifieds and omnichannel synergies https://aimgroup.com/2025/10/11/carousell-leans-into-classifieds-and-omnichannel-synergies/ Sat, 11 Oct 2025 14:28:55 +0000 https://aimgroup.com/?p=733899

Recommerce in Southeast Asia hasn’t reached the stage of maturity where a ThredUp-type model enabling brands to sell secondhand or deadstock online with end-to-end infrastructure is possible yet.
“We’re not seeing that kind of traction, and there’s m...

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Recommerce market forecast https://aimgroup.com/2025/10/11/733881/ Sat, 11 Oct 2025 13:55:44 +0000 https://aimgroup.com/?p=733881

Recommerce expected to grow at 10.2% CAGR during the next five years
Secondhand displacing sales of new products but returns remain an issue
Brands, retailers and marketplaces vie for position to own the resale space

Recommerce is growing fast. The ...

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State of the market: A recommerce overview https://aimgroup.com/2025/10/11/state-of-the-market-a-recommerce-overview/ Sat, 11 Oct 2025 13:12:00 +0000 https://aimgroup.com/?p=733786

In 2025, the global recommerce market is worth $211 billion
The market is expected to grow at 10.2% annually to 2029
Fashion, books, consumer electronics and phones are the largest verticals

Thirty years ago, Pierre Omidyar sold his broken, used...

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BCG, Vestiaire Collective forecast fashion resale market will grow 50% by 2030 https://aimgroup.com/2025/10/10/fashion-resale-market-will-grow-around-50-by-2030-bcg/ Fri, 10 Oct 2025 11:21:48 +0000 https://aimgroup.com/?p=731627 The secondhand fashion and luxury market is growing three times faster than the market for new products and will be worth between $320 billion and $360 billion by 2030, a study conducted by Boston Consulting Group (BCG) and Vestiaire Collective has found.

The study estimated that this market was currently worth between $210 billion and $220 billion, implying growth of around 50% by 2030, with sales expected to grow by around 10% a year for the rest of the decade.

The research, based on a survey of 7,800 customers of luxury resale site Vestiaire Collective, found that 28% of all wardrobe items are now secondhand, compared with 21% five years ago. U.S. respondents demonstrated a higher adoption rate: their wardrobes were 32% secondhand on average, compared with 27% for respondents in Europe.

More than half of the secondhand items owned by respondents had been bought using multibrand resale sites, such as Vinted, the RealReal and Vestiaire Collective.

Resale is especially attractive to consumers who want to buy affordable luxury, the research found: “Over half of respondents said they prefer buying premium labels secondhand, rather than settling for more affordable firsthand alternatives,” it stated.

BCG concluded by advising brands that “the secondhand fashion and luxury market has evolved from an emerging trend to a strategic imperative,” and noting that in future, successful brands would need to strike a balance between new and secondhand sales.

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