Bamboo Works Spotlights Potential for Smartphone Recycling in Expert Opinion from ATRenew Chairman Kerry Chen

PR Newswire04-18

China is leading the global movement for electronics recycling with a combination of policy initiatives and the rise of a new generation of professional recyclers HONG KONG, April 18, 2024 /PRNewswire...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2428553679?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/wvp5RVXXbwSI6BQCJtOhGQ--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/f0fa3dea6c418813fd721291bf1e6d45","is_english":true,"pubTime":"2024-04-18 13:31","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2428553679","market":"us","top_or_hot":-1,"title":"Bamboo Works Spotlights Potential for Smartphone Recycling in Expert Opinion from ATRenew Chairman Kerry Chen","media":"PR Newswire","content":"<div>\n<p>China is leading the global movement for electronics recycling with a combination of policy initiatives and the rise of a new generation of professional recyclers\nHONG KONG, April 18, 2024 /PRNewswire...</p>\n\n<a href=\"https://finance.yahoo.com/news/bamboo-works-spotlights-potential-smartphone-053100119.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bamboo Works Spotlights Potential for Smartphone Recycling in Expert Opinion from ATRenew Chairman Kerry Chen</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBamboo Works Spotlights Potential for Smartphone Recycling in Expert Opinion from ATRenew Chairman Kerry Chen\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-18 13:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bamboo-works-spotlights-potential-smartphone-053100119.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China is leading the global movement for electronics recycling with a combination of policy initiatives and the rise of a new generation of professional recyclers\nHONG KONG, April 18, 2024 /PRNewswire...</p>\n\n<a href=\"https://finance.yahoo.com/news/bamboo-works-spotlights-potential-smartphone-053100119.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4539","symbol_name":"次新股","start_time":0,"source_url":"https://finance.yahoo.com/news/bamboo-works-spotlights-potential-smartphone-053100119.html","article_id":"2428553679","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/wvp5RVXXbwSI6BQCJtOhGQ--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/f0fa3dea6c418813fd721291bf1e6d45"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/bamboo-works-spotlights-potential-smartphone-053100119.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2428553679","pubTimestamp":1713418260,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"China is leading the global movement for electronics recycling with a combination of policy initiatives and the rise of a new generation of professional recyclers. HONG KONG, April 18, 2024 /PRNewswire/ -- KerryXuefeng Chen, Chairman and CEO of ATRenew , a leading technology-driven pre-owned consumer electronic transactions and services platform in China, discusses the huge potential for recycling of smartphones, electronics and even luxury goods in a new \"Expert Corner\" opinion piece on Bamboo Works.China, the world's largest smartphone market and ATRenew's home base, is leading the recycling charge through a confluence of factors, including government policy initiatives and the rise of platforms that can assure product quality.\"Both local and national governments are helping to drive the trend towards more smartphone recycling and trade-ins in China. …Bamboo Works showcases Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and pre-IPO compani","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4539":"次新股","BK4503":"景林资产持仓","RERE":"万物新生","BK4076":"电脑与电子产品零售","BK4122":"互联网与直销零售"},"translate_title":"ATRenew主席陈嘉里的专家意见：Bamboo Works聚焦智能手机回收的潜力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RERE":1},"content_text":"China is leading the global movement for electronics recycling with a combination of policy initiatives and the rise of a new generation of professional recyclers\nHONG KONG, April 18, 2024 /PRNewswire/ -- Kerry Xuefeng Chen, Chairman and CEO of ATRenew (RERE.US), a leading technology-driven pre-owned consumer electronic transactions and services platform in China, discusses the huge potential for recycling of smartphones, electronics and even luxury goods in a new \"Expert Corner\" opinion piece on Bamboo Works.\nChina, the world's largest smartphone market and ATRenew's home base, is leading the recycling charge through a confluence of factors, including government policy initiatives and the rise of platforms that can assure product quality.\nBelow are some key excerpts. To read the entire opinion, please go to: https://thebambooworks.com/perfect-storm-of-factors-fuels-rise-in-smartphone-recycling/ \nKerry Xuefeng Chen, Chairman and CEO of ATRenew:\n\n\"While the global market for new smartphones has been contracting for more than two years, the opposite is true for used products. Global new smartphone sales fell 3.2% last year to about 1.17 billion units, even as used smartphone sales actually rose nearly 10% for the year to 310 million units.\"\n\"Both local and national governments are helping to drive the trend towards more smartphone recycling and trade-ins in China. … Most recently, China's State Council in March issued a notice on promoting mass-scale trade-ins of consumer products, demonstrating its determination to pursue a circular model of consumer goods use at a national level.\"\n\"Industry groups like the Global Battery Alliance, a partnership of more than 150 businesses, governments and industry players, are getting involved as well with their own recycling initiatives. Those include the alliance's \"battery passport\" that encourages \"responsible sourcing, management, recycling and use of a battery across its full lifecycle.\"\n\nAbout ATRenew:\nHeadquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle.\nAbout Bamboo Works:\nBamboo Works showcases Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and pre-IPO companies. We offer free and premium bilingual content through our website, newsletters, research notes, audio and video products. Such content also appears on major third-party financial news platforms in English and Chinese.\n View original content:https://www.prnewswire.com/news-releases/bamboo-works-spotlights-potential-for-smartphone-recycling-in-expert-opinion-from-atrenew-chairman-kerry-chen-302120551.html\nSOURCE Bamboo Works","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428553679"}