This smartphone rental platform enables users to get latest models at half price and relieves concerns about data security and pollution related to phone disposal.
Why
Yearly upgrades cost
Electronics companies release new models of their products each year, which tempts consumers to upgrade.
Used phone disposal hazardous
Disposing used phones raises data security and environmental concerns.
Market
450 million
Number of new smartphones produced annually in China. Sector growth is slowing because of market saturation, but still presents great potential for phone rental businesses.
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