ATRenew Inc. American Depositary Shares (every three of which representing two (RERE)

Competitors to ATRenew Inc. American Depositary Shares (every three of which representing two (RERE)

Back Market

Back Market is an online marketplace focused on refurbished electronics, similar to ATRenew, which specializes in the resale of second-hand electronics and consumer devices. Both companies aim to provide affordable and sustainable alternatives to new products, catering to the environmentally-conscious consumer. However, Back Market has established a strong brand reputation and user-friendly platform in Europe and the U.S., which can give it an edge in attracting customers. In contrast, ATRenew has a larger footprint in China, where it benefits from local market knowledge and partnerships.

Decluttr

Decluttr focuses on the resale of mobile devices, DVDs, video games, and tech accessories, competing directly with ATRenew in the tech resale market. Decluttr appeals to consumers in the U.S. mostly through its straightforward selling process, competitive prices, and instant payments, which can be attractive compared to ATRenew's business model. ATRenew’s advantage lies in its extensive operational capabilities in Asia, allowing for larger volumes of inventory management, but Decluttr's user-friendly platform and broad consumer base allow it to thrive in its niche.

Gazelle

Gazelle competes with ATRenew by offering a similar model for buying and selling pre-owned electronics, primarily focusing on smartphones and tablets. While both companies share the goal of promoting circular economy practices through tech resale, Gazelle has built strong relationships with consumers and offers an easy-to-use trade-in service which appeals to users looking to upgrade devices. ATRenew, on the other hand, has a broader range of products and a supply chain advantage in the Chinese market.