Circular Economy

Get your devices secondhand from CompAsia

August 24, 2023
Image by rawpixel.com on Freepik

Meet CompAsia. This Malaysia-based startup is a one-stop-shop for you to trade in or purchase pre-loved electronic devices. And they just raised a Series A!

  • Launched in 2016, they’ve got many retail partner stores throughout Malaysia. 
  • They recently opened their own flagship store where customers can trade in their used electronics on the spot! 

Investor check. Gobi Partners led the round. 

  • The amount raised is undisclosed. 

🎧 The ABCs of CompAsia

We love tech and new electronic devices. But sometimes those prices are just not within our budget! In this economy? 

  • Get them secondhand. Buy flagship smartphones, tablets, smartwatches, earphones, and more using CompAsia’s platform. 
  • They’ll help you buy it. They offer financing services and let you pay in installaments. 

No funny business. You’re not sacrificing quality just because it’s second-hand. CompAsia does a 32-step quality check and offers up to 12-months warranty!

📲 Get the most out of it

Need to upgrade your device? CompAsia lets you trade in your gadget!

  • Just download their Instacash app, run a diagnostic test, choose how you want to get paid, and get your phone picked up by their staff. 

🗺️ What the future holds? 

They’ll be ramping up their marketing efforts to capture new markets in the Philippines, Thailand, and Indonesia. 

  • For context, they’re currently active across 10 countries. 
  • CompAsia also claims that it sources and transacted over 2.1M second-hand mobile devises from 2019 to 2022. 

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