Pre-Owned Smartphone Market Is Booming in India: OLX
Pre-Owned Smartphone Market Is Booming in India: OLX - According to the online trading platform OLX, an increasing number of Indians are looking to purchase pre-owned smartphones. Apparently, the average selling price of a pre-owned smartphone has jumped from Rs. 9,000 to Rs. 11,000 in the past one year.
OLX noted that the phone listings on the platform jumped from 2.5 million units in April-June 2017 to 3.5 million in the same period this year. OLX recorded almost 14 million mobile phones and accessories listings in the financial year 2017-18. The company also noted that more and more high-end smartphones are now being traded on the platform than ever before.