Chronofy helps jewelers, dealers and pawnbrokers to instantly work out prices for trade-in timepieces and mark them up for resale.
James Hendy, eBay's head of authentication, describes how he plans to build trust in the platform's luxury watch category.
Chrono24, Watchbox and Chronext could be in the cross hairs for watch brands looking to seize control of grey and pre-owned watch channels.
Amazon employees allegedly used eBay’s messaging service to contact third party sellers.
Following the success of its US and Hong Kong divisions, the global e-commerce platform is hoping to use the Swiss branch to heighten its global commitment.
"It’s an acknowledgement — finally — that this massive platform has an integrity problem; they always have." says one pre-owned specialist.
Following successful launches in Hong Kong and Switzerland, the e-commerce platform continues its global expansion in partnership with Topwatch.
There are many reasons why venerable Swiss watch companies are suddenly engaging with secondary market players, but among the most interesting is the way that the pre-owned platforms affect prices for new watches.
Global pre-owned luxury watches market place’s new service is designed to quash disparity between what the customer see online and what they receive.
There's possibly up to $500 billion worth of luxury watches in the market, says Tay Liam Wee of WatchBox.