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B to B Global Sales Portal for overseas second hand smartphones retailers
~ Purchase at all times from a small lot with warranty privileges,
starting as a trial from December within USA~

2019/11/15

AUCNET.INC (headquarters: Minato-ku, Tokyo, President & CEO: Kiyotaka Fujisaki, hereinafter referred to as “AUCNET”) will launch the Aucnet Dealer Portal (tentative name), a web portal for retailers which enables them to purchase second hand smartphones and related accessories with warranties in small lots at any time. The Service will begin as a trial in the United States starting from December 2019.

■Background of the Aucnet Dealer Portal
Until now, AUCNET has been selling second hand smartphones mainly to major distributors around the globe in lots of hundreds of units through its global auction system. Now, we are launching an online market place to cater for demand from retailers who want to purchase high-quality second hand smartphones in small lots at any time, a new sales method that differs from conventional auctions. This fixed price online market place is developed and launched by AUCNET DIGITAL PRODUCTS USA, LLC (hereinafter referred to as “ADP USA”) located in Austin, Texas, USA. ADP USA will initially conduct the trial mainly within the United States, start full-scale operations in 2020, and eventually expand beyond the United States. AUCNET will continue to expand and optimize its services to maximize the value of its distribution systems.

■Features of “Aucnet Dealer Portal”
After the buyer selects manufacturer, model and quantity of devices they want to purchase and enter their payment method on the portal, a purchase order is automatically generated. In addition to wire transfer, other payment methods such as PayPal and credit card will be available. Purchase information can be confirmed or managed on the buyer’s “My Page” section. Additionally, suppliers will have a dedicated page to manage their product information such as inventory availability, etc. By doing so, we will establish a system that can handle a wide range of disposal requirements from insurance companies, major manufacturers and carriers.

Overview of ADP USA
1.Trade Name: AUCNET DIGITAL PRODUCTS USA, LLC
2.Main Business: Processing and auctioning of second hand digital products
3.Establishment Date: 27 November 2018
4. Location: Austin, Texas, USA
5. Shareholder:AUCNET USA (100%)
6. Executives:Chief Executive Officer Katsuhiko Ichii
(Managing Executive Officer of AUCNET INC. ,Division Manager of Department of Digital Products Business)
Chief Operating Officer Greg Roberts
Senior Vice President of Business Development David Lundberg

Overview of AUCNET
Name of Company: AUCNET INC.
Headquarter: Aoyama OM Square, 2-5-8 Kita-Aoyama, Minato-ku, Tokyo
Representative: President & CEO Kiyotaka Fujisaki
Founding Date: 29 June 1985
Capital: 1,711 million yen (As of 31 December 2018)
Consolidated Gross Income: 19.4 billion yen (Fiscal year that ended in December)
Consolidated Number of Employees: 677 (As of 31 December 2018)
Share: First Section of Tokyo Stock Exchange (security code: 3964)

■Inquiry from press media
AUCNET INC. General Planning Office Takayuki Tsuchiya, Fumihiko Kuno, Keiko Ito
TEL:03-6440-2530  MAIL:request@ns.aucnet.co.jp



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