
MPB
A global marketplace for photographers and videographers to buy, sell, or trade equipment.
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£49.8m | Series D | ||
Total Funding | 000k |
Related Content
MPB is a global online platform that facilitates the buying, selling, and trading of second-hand photography and video equipment. The company's business model is centered around the circular economy, providing a marketplace for used cameras, lenses, and accessories. This approach allows customers to upgrade their gear by trading in their old equipment or selling it for cash.
The platform serves a wide range of clients, from amateur photographers to professional videographers, who are looking for a cost-effective and sustainable way to access quality equipment. MPB's market is the growing second-hand electronics industry, with a specific focus on high-end camera gear.
The company generates revenue by taking a commission on the sales made through its platform. Before any item is listed, it is inspected and verified by a team of product specialists, ensuring quality and building trust with its user base. This process also allows MPB to offer a warranty on the products it sells, further strengthening its value proposition.
Keywords: e-commerce, marketplace, circular economy, used electronics, photography equipment, video equipment, camera gear, second-hand, online platform, trading.