Refurbed, a leading European online marketplace for refurbished consumer electronics, has announced it has reached profitability. The company views this milestone as strong validation of its circular business model, reinforcing its belief that the future of electronics lies in reuse and sustainability. Since its inception, Refurbed has served more than three million customers and facilitated over €2 billion in sales.

Founded in Vienna in 2017, Refurbed has established a solid presence in German-speaking countries, offering a wide array of thoroughly inspected second-hand devices, including smartphones, laptops, tablets, and headphones. The company’s focus on quality assurance has helped build trust among consumers seeking alternatives to buying new products.

To further encourage sustainable consumption, Refurbed provides a 30-day return policy and up to 12 months’ guarantee on its devices. These assurances aim to make purchasing refurbished goods more appealing, helping customers lower their environmental impact while enjoying reliable, high-quality technology.