Upteam Co. Ltd.
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Upteam Co. Ltd. - overview
Established
2012
Location
Makati City, -, Philippines
Primary Industry
Consumer Products
About
Based in Manila, Philippines and founded in 2012 by CEO Rui Rapazote and COO Guilherme Faria, operates as a technology platform provider for product reselling and purchasing to and from auctions, retailers, stores, and e-commerce. In December 2021, Farfetch UK Limited, a portfolio company of Alibaba Group, Compagnie Financière Richemont SA, Groupe Artemis, and JD. com acquired Upteam Co. Ltd.
The company offers services like resale, buyback, liquidation, and tailored solutions. The firm provides the resale of used luxury products like handbags and accessories, ready to be resold on any platform. Luxclusif also provides buyback of products, which is a trade-in program re-engage the customer base and generates alternative revenue channels. The firm allows brands and retailers to access digitally connect for sales and outlets to increase performance.
It also provides rental, procurement, warehousing, and distribution service to clients.
Current Investors
Farfetch UK Limited, Compagnie Financière Richemont SA
Primary Industry
Consumer Products
Sub Industries
Accessories, Internet
Website
www.luxclusif.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Upteam Co. Ltd. - employee data
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