Beijing based O2O second hand transaction platform Weimtek raised over hundreds of millions of yuan in a series A+ round funding led by the Chairman of Star River Property Huang Wenzi. The investment will be used to open offline shops.
Established in 2017, Weimtek focuses on providing idle items transaction. It builds a idle item O2O platform by launching higher education recycle shops, online recycle platform, and community recycle platform. It provides transaction, recycle, lease, and consignment services for idle items including mobile phones, books, 3C electronic devices, and second hand clothes.