Phonex Holdings Inc

PhoneX Holdings, Inc. functions as a key player in the resale market for pre-owned smartphones. The company obtains its inventory of devices through diverse channels: individual sellers can utilize its uSell.com website, while its subsidiary, We Sell Cellular, handles acquisitions from mobile carriers, prominent retail chains, and device manufacturers. Subsequently, these phones are distributed to a wide array of customers, including business-to-business (B2B) clients such as traditional retail stores, online merchants, various wholesale operations, small repair services, major refurbishment companies, and insurance providers. PhoneX Holdings, Inc. also reaches end-users by listing products on external e-commerce platforms. Established in 2003, the company is headquartered in New York, New York, and officially changed its name to PhoneX Holdings, Inc. in May 2019, having previously operated as usell.com, Inc.