Buys pre-owned consumer electronics from consumers and sells them to small merchants, retailers and consumers through online marketplaces and stores.
20-F for FY2025, filed Apr 8, 2026Our platform digitally integrates every step of the value chain. We obtain supply of pre-owned consumer electronics, process devices for…View ↗
We serve a diverse base of participants on both the supply and demand sides of the value chain. On the supply side, AHS Recycle provides…View ↗
AHS Recycle is our C2B offering catering to consumers who sell their pre-owned consumer electronics, luxury goods, gold and jewelry, among…View ↗
PJT Marketplace is our B2B offering providing nationwide merchants of pre-owned consumer electronics with a comprehensive suite of buying…View ↗
Paipai Marketplace is our B2C offering on which consumers can purchase various types of pre-owned products, primarily consumer electronics.…View ↗
Consumers sell used goods through AHS Recycle's online channels and stores; small merchants buy through PJT Marketplace, and retail consumers buy through Paipai Marketplace. Some third-party merchants also sell through Paipai.
20-F for FY2025, filed Apr 8, 2026AHS Recycle is our C2B offering catering to consumers who sell their pre-owned consumer electronics, luxury goods, gold and jewelry, among…View ↗
PJT Marketplace is our B2B offering providing nationwide merchants of pre-owned consumer electronics with a comprehensive suite of buying…View ↗
Paipai Marketplace is our B2C offering on which consumers can purchase various types of pre-owned products, primarily consumer electronics.…View ↗
We procure consumer electronic devices through AHS Recycle via offline and online channels. For consumers who visit our offline AHS stores…View ↗
Our AHS Recycle online channels include our AHS Recycle mobile app, Weixin official account and mini program, our website, our e-commerce…View ↗
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