Retail in Asia


CompAsia opens new recommerce platforms in Singapore and Thailand

Following its success in Malaysia, CompAsia, a recommerce platform for mobile gadgets in Southeast Asia, announced the opening of new e-stores in Singapore and Thailand on 21st March.

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With an expertise in the device business, CompAsia aims to provide customers with high-quality products at affordable prices and offers a responsive after-sales service support. To date, CompAsia has sold over 500,000 devices globally and continues to ramp up sales at a blazing pace.

“We have seen an exponential growth of 2,500 percent in our e-store business in Malaysia over the last two years largely driven by movement restrictions that amplified the convenience of doing business on the CompAsia platform, and the assurance that we only trade in original products and we offer the highest quality second hand gadgets,” said Julius Lim, Founder and CEO of CompAsia.

“CompAsia is changing customers’ mindsets in buying second hand gadgets as we are giving them the very best quality in each item and making every brand accessible to everyone,” Julius said. “When you buy on a recommerce site, you are not only extending the lifespan of the item, but you are also diverting waste from landfills, which means a healthier planet.” he continued.

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Established in 2012, CompAsia currently operates in nine markets in the region and collaborates with telcos, mobile operators, manufacturers, retailers, financial institutions, and insurance companies to offer customers a single partner for all their mobile gadget needs.