This is the platform’s first international expansion
According to Ecommerce News, Veepee’s second-hand platform, Re-Cycle, collects used products of members of the platform and then resells or recycles them.
French-based online shop Veepee is a website that sells brand overstock through flash sales exclusively to its members. The shop was formerly known as Vente-Privee, but it merged with 5 of its other brands to from a one-stop online shop two years ago.
In 2020, the company launched its Re-Cycle service. Veepee users can register their used product through Re-Cycle. Veepee will then collect the item. Depending on the condition of the item, it will either be resold or recycled.
To support further expansion, Veepee is also going to establish a warehouse of 2.500 square meters that will handle the global logistics for Re-Cycle in Spain. According to the company, it is also hiring around twenty warehouse workers.
We’ve reported that Citi will use recycled plastic for corporate cards.