
Revibe
A marketplace for used electronics in the Middle East.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor investor investor investor | €0.0 | round | |
* | $7.0m | Series A | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Revibe operates in the refurbished electronics market, primarily serving consumers in Dubai, UAE. The company specializes in providing high-quality, verified, and original refurbished devices such as smartphones, tablets, and laptops. Each device undergoes a stringent 50-point quality check to ensure optimal performance, covering aspects like screen, battery, speed, and durability. Revibe's business model focuses on offering value-for-money products with a risk-free 10-day return policy and a 12-month warranty. The company generates revenue through the sale of these refurbished devices, leveraging a competitive pricing strategy. Customers can choose from various payment methods, including installments, cash on delivery, and card payments. Revibe also partners with select suppliers, accepting only 1 out of 4 to maintain high standards. The market for refurbished electronics is growing, driven by increasing consumer awareness and demand for cost-effective, sustainable alternatives to new devices.
Keywords: refurbished electronics, quality checks, 12-month warranty, Dubai, UAE, smartphones, tablets, laptops, competitive pricing, multiple payment options.