The electronics parts recycling service also known as AtRenew has filed to list in a US offering that would enable strategic partner JD.com and its JD Logistics unit to exit.
AiHuiShou International, a China-based second-hand electronics reselling service backed by e-commerce group JD.com, filed on Friday to raise up to $100m in an initial public offering on the New York Stock Exchange.
Founded in 2011 and also known as Wanwu Xinsheng (AtRenew), AiHuiShou’s consumer-to-business (C2B) platform helps users sell used electronics products including smartphones and laptop computers back to manufacturers. It has partnership agreements in place with retailers including JD.com, Yihaodian and Wal-Mart.
The company logged about $742m of…
