# ATRenew Unveils Upgraded Overseas Strategy and Opens Its First ReRe Store in Hong Kong

- Link: https://www.thailand-business-news.com/pr-news/atrenew-unveils-upgraded-overseas-strategy-and-opens-its-first-rere-store-in-hong-kong
- Published: 2026-07-28T17:40:00+07:00
- Author: PR Newswire

HONG KONG, July 28, 2026 /PRNewswire/ — ATRenew Inc. ("ATRenew" or the "Company")(
NYSE: RERE), a pioneer in technology-driven recycling and trade-in solutions for
consumer products in China, today unveiled an upgraded overseas strategy at a dedicated
launch event in Hong Kong. Built around two innovation paths, business and brand,
the strategy extends ATRenew’s proven business model, technology and operating expertise
to global markets, aiming to support more efficient, compliant, and sustainable 
circulation of pre-owned products.

As part of the strategy, ATRenew launched FoneSquare, its global B2B marketplace
for pre-owned consumer electronics, and began accepting merchant registrations. 
The Company also introduced ReRe, its new consumer brand, and opened its first ReRe
Store in Hong Kong.

**Taking ATRenew’s B2B Model Global Through FoneSquare**

FoneSquare, the global B2B marketplace launched during the event, is a key pillar
of ATRenew’s overseas expansion strategy. The goal is to replicate the success of
PJT Marketplace from the Chinese mainland while rolling out its expansion in four
phases:

 1. The first involves leveraging first-party products from the Chinese mainland to
    streamline cross-market business, establishing a global distribution system via
    Hong Kong and Dubai.
 2. The second involves launching an online trading platform, restructuring the traditional
    fragmented offline trading model and reducing transaction uncertainties.
 3. The third involves exporting a complete set of self-developed automated quality
    inspection systems. The Company may deploy multi-module intelligent testing equipment
    and automated warehousing and transfer systems in Hong Kong, Dubai, and Miami —
    three major global trade nodes — unifying global standards for pre-owned electronics
    grading and eliminating information barriers across the industry.
 4. The fourth involves gradually transforming from a self-operated sourcing model 
    to a comprehensive platform, leveraging abundant sourcing and two-sided network
    effects to continuously expand supply and demand, and building a global pre-owned
    electronics circulation infrastructure.

**Introducing ReRe, ATRenew’s New Consumer Brand for International Markets**

ReRe, which stands for "Revalue and Renew," is ATRenew’s new consumer brand for 
certified pre-owned products in international markets:

 ◦ **Online**: ATRenew operates the ReRe App as a standalone e-commerce platform
   that provides 24/7 online shopping solutions for tested and verified pre-owned
   products.
 ◦ **Offline**: The newly opened ReRe Store in Hong Kong integrates product retail,
   door-to-door recycling, brand experience, and after-sales services, providing
   comprehensive services to local residents. In addition, ATRenew is developing
   a network of ReRe smart recycling kiosks with partners including Vendy in northern
   Europe, Joybuy in the UK, and JD MALL in Hong Kong, giving users easier access
   to self-service buyback solutions.

The first ReRe Store opened today at Citywalk in Tsuen Wan. The space serves as 
a one-stop destination for the recycling and retail of pre-owned products including
consumer electronics, luxury goods, sporting goods, and hobby items. It also features
the first in-store deployment of ATRenew’s AI valuation machine and MAX front-end
inspection terminal, giving consumers hands-on experience with the Company’s latest
technologies.

"The global circular economy is entering a period of significant opportunity," said
Mr. Kerry Xuefeng Chen, Founder, Chairman and Chief Executive Officer of ATRenew."
Hong Kong’s free-port advantages and international outlook make it a key hub for
our overseas supply chain and brand development. From here, we will take our business,
capabilities, and brand overseas, connecting high-quality, compliant pre-owned products
with global demand and bringing our standardized, automated solutions to international
markets. We aim to provide users worldwide with more transparent, efficient, and
high-quality recycling and retail services while supporting a greener, low-carbon
future."

**About ATRenew Inc.**

Headquartered in Shanghai, ATRenew Inc. is a pioneer in technology-driven recycling
and trade-in solutions for consumer products in China. Since inception in 2011, 
ATRenew has been on a mission to give a second life to all idle goods, reducing 
the environmental impact of pre-owned consumer products by facilitating recycling,
trade-ins and distribution that prolong their lifecycle. ATRenew’s open platform
integrates C2B, B2B, and B2C capabilities to empower its online and offline services.
Powered by proprietary technologies and a scalable platform ecosystem, ATRenew enhances
transaction efficiency and pricing transparency for consumers and merchants alike
while advancing circular economy standards in China. ATRenew is a participant in
the United Nations Global Compact, and adheres to its principles-based approach 
to responsible business.

**Safe Harbor Statement**

This press release contains statements that may constitute "forward-looking" statements
pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be identified by terminology
such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "
believes," "estimates," "likely to" and similar statements. Among other things, 
quotations in this announcement contain forward-looking statements. ATRenew may 
also make written or oral forward-looking statements in its periodic reports to 
the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to
shareholders, in press releases and other written materials and in oral statements
made by its officers, directors or employees to third parties. Statements that are
not historical facts, including statements about ATRenew’s beliefs, plans and expectations,
are forward-looking statements. Forward-looking statements involve inherent risks
and uncertainties. A number of factors could cause actual results to differ materially
from those contained in any forward-looking statement, including but not limited
to the following: ATRenew’s strategies; ATRenew’s future business development, financial
condition and results of operations; ATRenew’s ability to maintain its relationship
with major strategic investors; its ability to facilitate pre-owned consumer products
transactions and provide relevant services; its ability to maintain and enhance 
the recognition and reputation of its brand; general economic and business conditions
globally and in China; and assumptions underlying or related to any of the foregoing.
Further information regarding these and other risks is included in ATRenew’s filings
with the SEC. All information provided in this press release is as of the date of
this press release, and ATRenew does not undertake any obligation to update any 
forward-looking statement, except as required under applicable law.

**Investor Relations Contact**

ATRenew Inc.
Investor RelationsEmail: [ir@atrenew.com](https://www.thailand-business-news.com/pr-news/ir@atrenew.com)

Christensen Advisory
Email: [rere@christensencomms.com](https://www.thailand-business-news.com/pr-news/rere@christensencomms.com)

 

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**Read the original article :** [ATRenew Unveils Upgraded Overseas Strategy and Opens Its First ReRe Store in Hong Kong ](http://www.prnasia.com/story/archive/5013595_CN13595_0?rand=184833)
