Latest news with #BackMarket
The Star
21 hours ago
- Business
- The Star
Sales of refurbished tech products surge under US tariffs, says Back Market
The French startup specialising in the online sale of professionally refurbished phones, computers, gaming consoles and accessories says growth in the US has accelerated. — Image by Freepik LONDON: US sales of French startup Back Market, which sells refurbished tech products, have surged in response to President Donald Trump's tariffs, as more consumers turn to devices already in the country, its CEO told AFP on June 3. Since returning to the presidency in January, Trump has imposed sweeping tariffs on allies and adversaries alike in moves that have rocked the world trade order and roiled financial markets. But the French startup specialising in the online sale of professionally refurbished phones, computers, gaming consoles and accessories says growth in the United States has accelerated. When tariffs were announced, "there was no mechanical impact on new product prices but there was fear and an immediate reaction in demand", said Thibaud Hug de Larauze, Back Market's CEO and co-founder. "We saw our growth triple the following week" and nearly two months later, "it's still stronger than before", Larauze said during an interview at the South by Southwest (SXSW) festival in London. Founded in 2014, the startup has become one of the flagships of French tech, operating in 17 countries and valued in January 2022 at approximately €5.1bil (RM24.69bil). Back Market achieved profitability in Europe last year and hopes to generate global profits in 2026. Its revenues grew by 45% year-on-year in 2023, reaching €320mil (RM 1.54bil) . In the United States, its biggest market outside Europe – with France, Germany, the United Kingdom and Spain leading the way – profitability is close, Larauze said. With tariffs, Trump created a "huge incentive for Americans to consume circularly and locally", Larauze said, noting that the amount of carbon dioxide (CO2) produced in the fabrication of tech products is twice as much as that of commercial aviation. If US tariff policy "can have positive effects on the environment and American purchasing power, obviously, we're thrilled to meet this demand". – AFP
CNET
a day ago
- Business
- CNET
Refurbished Tech Is Always an Option for You, and It Could Be a 'Joyful' One, Too
I've been writing about the right-to-repair movement and finding more sustainable ways to buy tech for years, but it wasn't until earlier this year on a routine Tube journey across London that I heard of Back Market, a refurbished tech marketplace originating in France. While avoiding any possible eye contact with strangers, as is good Tube etiquette, my gaze drifted up to a Back Market advert above the window pane. "Sorry, cats. Tech now has multiple lives too," it said. It was amusing and immediately made me want to know more. It turned out that I was late to the party, and this was just one of many cheeky ads that Back Market has run on the London Underground network and beyond. The aim of the company's campaigns is to normalize buying refurbished tech by making it fun, Back Market's CEO Thibaud Hug de Larauze said at SXSW London on Tuesday. Back Market projects a slogan onto the Apple Store in London. Back Market "Don't make people feel guilty, like you're a bad person because you're buying new," he said. "It's not going to work. It's not going to change people's behavior." Extending the lifespan of our phones, laptops and other tech products, whether through repair, responsible trade-ins that prioritize recycling or buying refurbished devices is critical to ensure we're not wasting precious minerals and exerting pressure on the natural world in ways that contribute to the climate crisis. It's serious stuff, but Back Market's lighthearted approach is about sparking "a joyful revolution" in the world of refurbished tech, said Hug de Larauze. Buying into this revolution is good for the planet, and for protecting the wellbeing of the people in developing countries whose health is impacted by mining for minerals or recovering them from discarded e-waste. It's also good for another reason – avoiding price rises on new tech sparked by tariffs. The repair and refurbish movement Back Market isn't the only marketplace willing to pay for your old tech and to sell you a refurbished device, but it's one part of a more widespread movement for change. Earlier this year, the company partnered with iFixit, which is equipping people around the world with the tools they need to repair their own tech while advocating for right-to-repair legislation. "We want to enable people to repair by default, if they want and if they can," said Hug de Larauze. "If they cannot, let's trade in easily and adopt a refurbished one." Together the companies are encouraging people to increase the time they hold onto their phones to five years, rather than the current average of two and a half years. They're also applying pressure to phone manufacturers to increase software support to 10 years. But Hug de Larauze has an even bigger request for tech companies, which he describes as "the next fight we need to push for." At the point when tech manufacturers cease to provide ongoing support for devices, he wants them to unleash the hardware they've made so that it can be fully divorced from the operating system. The idea is that an old iPhone, for example, could get a new lease on life as something like a baby monitor or security camera if combined with different software. This feels like a big ask for tech companies, with the main argument against the proposal likely to center around security concerns. Still, the world of refurbished tech is changing quickly. Over a million refurbished devices were purchased through Back Market last year alone and according to Hug de Larauze, there are already signs that people are holding onto their smartphones for longer and trading in more often. "For me, it's about building a global ecosystem of service for everybody to basically access to repair by default," he said. "Obviously, keep the device longer, but if for some reason you cannot, then easily trade it in and access refurbished devices instead."
Phone Arena
05-05-2025
- Business
- Phone Arena
It's the best time to buy a premium tablet at a killer price: a week of Back Market UK flash sales!
Receive the latest mobile news Subscribe By subscribing you agree to our terms and conditions and privacy policy 7 days of flash deals: check out these iPad deals from Back Market! Use code MYBESTIPAD for extra $20 off on purchases above $350 Old model iPad Pros have incredible value Where to find reliable refurbished iPad models? Have at least 80% battery capacity (Premium grade units are 90%+ guaranteed) Be fully tested — USB ports, SIM slots, GPS, cameras, LED flash, Face ID sensors, et cetera. Be IMEI legitimacy-checked Come with 1-year warranty, 30-day money-back returns Tablets have slowly carved their way into the tech space and nowadays every techie either wants one or has one. Apple's iPads are highly sought-after for their excellent speakers, huge ecosystem of apps and accessories, and powerful powerful hardware if you spend the cash for a higher-tier option like a Pro or an Air. But what if you could get one without paying what you would for a pro-grade laptop?Yes, it's possible — you don't really need to always go for the latest model. Apple's M-class chips were way, way ahead of their time when they launched in 2020. And when the first M1-equipped iPad Pro dropped in 2021, so did our jaws, as the processor has quite a lot of headroom and power to deal with anything that iPadOS might ask of fact, this author is still using an iPad Pro M1 to this day, only occasionally thinking about an upgrade, but ultimately — a reason to do that has not yet become that being said, here is a number of iPad deals you can get at Back Market for a limited time!Any iPad Pro from 2021 onwards will come with an M-class chip — M1, M2, or M4 (the latest, 2024 models). And each of them will have a 120 Hz ProMotion screen, quad speakers, support for Apple Pencil Pro, Magic Keyboard, Stage Manager desktop experience, and Face you want to save even more, you can get an iPad Air from 2022 with its own M1 chip, and support for Pencil Pro and Magic Keyboard.M1 still has the power to run the full suite of features that iPadOS 18 comes with, Apple Intelligence included, and even the new console-grade games that have recently started coming out in the App Store still list M1 as the minimum you don't need to scour the second hand market and toss a coin when deciding whether a seller is legit or not. Back Market is an established reseller of electronics that specializes in picking up devices, inspecting them, doing the necessary repairs, and selling them at great you are shopping at Back Market, every unit you are looking at is specifically graded, so you know exactly what you are buying. Each device is guaranteed to:So, go ahead and check out these hot deals listed above, or visit Back Market to browse their full selection of consumer electronics!
Phone Arena
05-05-2025
- Business
- Phone Arena
It's the best time to buy a premium tablet at a killer price: a week of Back Market flash sales!
Receive the latest mobile news By subscribing you agree to our terms and conditions and privacy policy 7 days of flash deals: check out these iPad deals from Back Market! Use code FINDMYIPAD for extra $20 off on purchases above $350 iPad Pro 12.9 M2 (2022) $700 $1399 $699 off (50%) This model came with the experimental mini-LED screen tech, which is sort of a mix between LCD and OLED, ensuring deep blacks and great contrast with the excellent color calibration of Apple LCD panels. The M2 chip inside is still plenty good enough — people around the world still use M2 laptops for work, so rest assured that an iPad will hold up. Supports Apple Pencil Pro, Magic Keyboard, and has quad speakers. Buy at BackMarket iPad Air M2 (2024) $475 $699 $224 off (32%) Apple recently discontinued the M2 Airs in favor of a slightly upgraded M3 version. That all means we can now hunt for iPad Air M2 deals, and Back Market has plenty of those! As mentioned above, the processor is still great value and will last you quite a while before an upgrade is needed. The iPad Air still supports Pro accessories, but has a 60 Hz screen and dual speakers. If the price is right, those corner-cuts are not at all major! Buy at BackMarket iPad Air M1 (2022) $361 $599 $238 off (40%) We don't talk about the M1 often because it was quickly upgraded to an M2. But the fact is that it was ahead of its time on launch and is still a pretty competent chip nowadays. It still supports all the Pro features of iPadOS, accessories included, the Stage Manager desktop experience, and the console games (Resident Evil, Assassin's Creed, etc.) that are coming out for iPads. Buy at BackMarket iPad 10.9 (2022) $290 $499 $209 off (42%) The first time that the base-level iPad got the modern design and its own version of a Magic Keyboard Folio (not like the Pro-grade Magic Keyboard). It still supports the Apple Pencil USB-C and its two speakers are placed in landscape stereo. While its A14 chip is getting long in the tooth, it's still plenty good to keep going today — and even compete with and beat chips that are being placed in entry-level tablets today. This model is still good for browsing, reading, watching, and gaming, though it won't support the latest and heaviest titles. Buy at BackMarket iPad 10.2 (2019) $105 $329 $224 off (68%) Your chance at an awesome deal here. The 2019 model still has the home button design, and its dual speakers are situated on one side of the tablet. It's a perfect machine for browsing, reading, social media, or to use as a second screen. It can still do light gaming with the many games on the App Store that support its Apple A10 chip. A good tablet for kids, or a communication device for family members that don't need cutting-edge tech. Buy at BackMarket Old model iPad Pros have incredible value Where to find reliable refurbished iPad models? Have at least 80% battery capacity (Premium grade units are 90%+ guaranteed) Be fully tested — USB ports, SIM slots, GPS, cameras, LED flash, Face ID sensors, et cetera. Be IMEI legitimacy-checked Come with 1-year warranty, 30-day money-back returns Tablets have slowly carved their way into the tech space and nowadays every techie either wants one or has one. Apple's iPads are highly sought-after for their excellent speakers, huge ecosystem of apps and accessories, and powerful powerful hardware if you spend the cash for a higher-tier option like a Pro or an Air. But what if you could get one without paying what you would for a pro-grade laptop?Yes, it's possible — you don't really need to always go for the latest model. Apple's M-class chips were way, way ahead of their time when they launched in 2020. And when the first M1-equipped iPad Pro dropped in 2021, so did our jaws, as the processor has quite a lot of headroom and power to deal with anything that iPadOS might ask of fact, this author is still using an iPad Pro M1 to this day, only occasionally thinking about an upgrade, but ultimately — a reason to do that has not yet become that being said, here is a number of iPad deals you can get at Back Market for a limited time!Any iPad Pro from 2021 onwards will come with an M-class chip — M1, M2, or M4 (the latest, 2024 models). And each of them will have a 120 Hz ProMotion screen, quad speakers, support for Apple Pencil Pro, Magic Keyboard, Stage Manager desktop experience, and Face you want to save even more, you can get an iPad Air from 2022 with its own M1 chip, and support for Pencil Pro and Magic Keyboard.M1 still has the power to run the full suite of features that iPadOS 18 comes with, Apple Intelligence included, and even the new console-grade games that have recently started coming out in the App Store still list M1 as the minimum you don't need to scour the second hand market and toss a coin when deciding whether a seller is legit or not. Back Market is an established reseller of electronics that specializes in picking up devices, inspecting them, doing the necessary repairs, and selling them at great you are shopping at Back Market, every unit you are looking at is specifically graded, so you know exactly what you are buying. Each device is guaranteed to:So, go ahead and check out these hot deals listed above, or visit Back Market to browse their full selection of consumer electronics!
Daily Mirror
23-04-2025
- Lifestyle
- Daily Mirror
Brits admit ditching eco-friendly habits when it's cheap and convenient
A new study reveals the most common 'eco-sins' committed by Brits, from keeping the heating on in summer to indulging in fast fashion, despite acknowledging their environmental harm. A recent study has uncovered a list of 'eco-sins' frequently committed by Brits, despite the fact they consider them unsustainable and damaging to the environment. Among the most cited environmentally unfriendly behaviours are running the car engine while stationary, keeping home heating on during summer, and failing to refurbish or donate old electronics and clothing. Other common habits include leaving the tap on while brushing teeth, boiling excess water for a single cup of tea, and indulging in fast fashion. Interestingly, 46% of respondents confess to still buying bottled water, while 41% choose driving over walking or cycling for short distances. While 67% admit to frequently committing these eco-sins, 42% report feeling guilty when they make unsustainable choices, with 17% vowing not to repeat their mistakes. Yet convenience often plays a major role, with four in 10 blaming ease and a further third citing cost as the reasons for their less eco-friendly decisions. When it comes to technology, 29% of adults say owning the latest gadgets is 'important', with 35% admitting to purchasing a new device even if their current one is still in good working condition. Alarmingly, one in ten then admitted to discarding old tech in general waste bins instead of recycling. Eco-lifestyle advocate and sustainability creator Charlie Gill, who has teamed up with refurbishment tech marketplace Back Market, said: 'Trying to live a sustainable lifestyle can feel overwhelming at times, but it really doesn't have to be. 'People do care, but they don't know where to start. Even simple steps, like giving your old phone a second life instead of ditching it at the first sign of wear, can genuinely make a difference. It's about doing what you can, when you can, and knowing that small actions really do add up.' The research commissioned by Back Market, in honour of Earth Day, highlights that some 'eco-sins' are harder to quit than others. Eating meat and dairy is cited as the hardest habit to break (31%), followed by driving (22%) and indulging in long, hot showers (13%). Luke Forshaw, head of brand at Back Market, stresses that even small changes can lead to big environmental gains, 'It's clear that many Brits are trying to be more environmentally conscious – but everyday decisions, particularly around tech, show how convenience often wins. The good news is that small changes can have a big impact." 'Extending the life of your tech - whether that's repairing it, buying refurbished, or trading it in; is not only a great way to reduce your environmental footprint, but it can also save you money in the long run. 'And importantly, it's a way to reduce the eco-guilt many of us feel - because making better choices doesn't have to be complicated. It just takes one small step in the right direction.' TOP 20 'ECO SINS': Leaving lights on in empty rooms Throwing recyclables in the general waste bin Flushing things like wipes or cotton buds down the toilet Wasting food by letting it go off in the fridge Letting the tap run while brushing teeth Using single-use plastic bags instead of reusable ones Leaving the car engine on while parked Overfilling the kettle for one cup of tea Having the heating on during summer Driving a car for a journey that could be walked in under 10 minutes Buying bottled water instead of using a refillable bottle Using a tumble dryer instead of air-drying clothes Leaving chargers plugged in even when not in use Washing clothes too frequently when they're not dirty Leaving electronics on standby overnight Buying fast fashion items Not donating or refurbishing old clothes and electronics Throwing away unwanted tech items Taking flights for short domestic trips instead of the train Taking multiple short showers a day
