According to public records, Gazelle is the sole owner of Ecoatm. However, this information may not be accurate. Gazelle has been known to use shell companies to hide its ownership of businesses. It is possible that Ecoatm is actually owned by someone else. ..
Recently, ecoATM raised $75 million in growth equity funding from Cowen Sustainable Advisors. The money will be used to expand its product portfolio and accelerate its global expansion. This will include building thousands of more automated retail fulfillment kiosks in the US, Europe, and Asia. EcoATM is led by Dave Maquera, and Gazelle is majority owned by Apollo Global Management Inc. and affiliates. While EcoATM is the leader in mobile e-commerce, its services have been widely adopted by retail chains across the country.
Outerwall owns Redbox and Coinstar, along with ecoATM. The latter is a cash-for-electronics kiosk. Outerwall generates revenue by selling gadgets to third-parties. The two companies are working on a kiosk concept called SAMPLEit, which can be found in select retail stores. Outerwall is hopeful that it can turn the company’s business around by expanding its cash-for-electronics model.
Who Owns ecoATM?
In the past, ecoATM was a publicly traded company owned by Outerwall, the company that also owns Coinstar and Redbox kiosks. EcoATM was a loss maker with an operating loss of almost $93 million in the second quarter of 2015. The company laid off over 100 employees at its San Diego headquarters in 2016. Then, in June of 2016, Apollo Global Management acquired Outerwall for $1.6 billion and became the company’s sole owner. Its financials have not been released since the acquisition, and it is unclear how much Outerwall owns.
Who Owns ecoATM?Who Owns Gazelle Phones?Who Started ecoATM?Who Is ecoATM?What Industry Is ecoATM In?How Does ecoATM Make Money?Where Is Gazelle Phone Company Located?
The new ownership of ecoATM has a history that spans more than a decade. Cowen Sustainable Advisors, a division of Cowen Inc., has agreed to acquire a significant minority stake in the company. The investment firm will serve as an advisor to the company, including joining the board of directors. It has also been involved in the company’s growth, having invested in it for three years. But now, ecoATM is being run by a new CEO.
Who Owns Gazelle Phones?
You might be wondering who owns Gazelle phones. These preowned cell phones go through a 30-point certification process to ensure they’re in good condition. The company, which is based in Louisville, Kentucky, issues payment to the customer after a week of processing. The company does not repair Apple products. However, they do repair Samsung, LG, and Motorola phones. If you’d like to learn more about this brand, check out their website.
To sell your Gazelle phone, you must initiate the trade-in process by January 31, 2021. You can use the phone to trade-in for other devices like laptops, smartphones, or tablets. The trade-in period is 30 days. After that, you’ll receive the cash you paid for your phone. This timeframe will not be extended for existing trade-ins, so don’t wait too long.
The company has a low number of reviews online. The Better Business Bureau rates the company with a 1.49 rating. It isn’t accredited, but it has received mixed reviews on ResellerRatings.com. Sitejabber, on the other hand, has rated the company with 3.5 stars. Its last review was in July. This makes Gazelle a risky investment. If you’re wondering who owns Gazelle phones, consider the company’s revenue potential.
Who Started ecoATM?
EcoATM is a company that owns and operates recycling kiosks in cities across the U.S. and Canada. For top-tier smartphones, ecoATM is willing to pay as much as $260. The company was recently acquired by Outerwall, which also produces coinstar machines and the Redbox video rental service. In 2016, Outerwall generated $2.3 billion in revenue. Who started ecoATM? and what do its plans look like?
Mark Bowles was a serial entrepreneur before starting his company. He has extensive experience in the semiconductor, wireless, and tech industries. Bowles conceived the idea of an automated self-serve kiosk to buy back used cell phones and other consumer electronics. He had a great idea for a business and then tried to grow too quickly, which caused the company to crash. Bowles’ dream is to create an environmentally friendly solution for people who have too much technology. He hopes to change this by developing an automated system that will buy back cell phones, laptops, and other devices for cash.
To make the ecoATM kiosks even better, Bowles worked with armored car companies to build and install them in malls. The kiosks are equipped with machine vision and artificial intelligence that can recognize up to 4,000 different models of devices. Then, the machine auctions them off on the company’s worldwide auction site. The winner receives between $300 and $1,500 for the phone. Initially, EcoATM has 650 machines installed, but aims to increase that number to two million devices by Thanksgiving.
Who Is ecoATM?
When selling an old cell phone, ecoATM provides a convenient, eco-friendly solution. Instead of having to sell the phone yourself, you can simply plug it in and wait. In just a few minutes, the kiosk will analyze the device and give you a quote. Then, ecoATM will arrange for the recycling and reuse of your device. You can even sell your old device for cash. But be sure to transfer any important data to your new device before selling it.
There are several ways to contact ecoATM, including its main website, Facebook page, Twitter account, and blog. Depending on the type of device you have, ecoATM may have a different name, but the same company operates under those names. Its mission is to be a green company that respects the environment and promotes environmentally-conscious behavior. While some people may be unfamiliar with ecoATM, the company does have some interesting information.
What Industry Is ecoATM In?
An early success story of the San Diego tech startup scene, ecoATM raised $75 million to continue its growth. Its technology, which involves robots powered by AI, helps consumers recycle their old electronics and other products. The company will use the funds to expand across the globe and support product extensions. It has been cited as having a positive impact on the sustainability factors of consumer electronics. But does ecoATM really do what it says on the tin?
The company was acquired by Apollo Investments in 2014 and has steadily increased the number of employees at its San Francisco headquarters. As of February 2017, the company employed 350 people at its San Francisco facility, bringing the total headcount to over four hundred. Approximately 70 percent of these employees are full-time, permanent employees. In the past three years, ecoATM has added nearly two thousand new kiosks in more than 100 locations around the world.
How Does ecoATM Make Money?
You may be wondering, “How does ecoATM make money?” You can make extra cash by recycling old electronics. Most of the ecoATM’s gadgets are sold on the secondary market. Broken devices are recycled and the components are used to make new products. Broken electronics can also be recycled to recover precious metals such as copper. You can also help protect the environment by recycling old devices. By recycling these items, you will be helping the environment while earning money.
To sell your old iPhone or iPad, visit an ecoATM kiosk near retail stores. The kiosk will take video of your phone and send it to the ecoATM’s headquarters in San Diego, CA. The ecoATM attendant will review your device and make you an offer based on its condition and potential in the secondary market. Then, you can return the device to the kiosk to get your cash. The process takes only a few minutes.
Where Is Gazelle Phone Company Located?
Gazelle Phone Company is a pre-owned cell phone manufacturer that opened in Louisville, Kentucky in 2013. They have grown from a small team to a three hundred employee company. The company also goes through a rigorous certification process and a 30-point inspection on every cell phone before it is released. They are based in Louisville, Kentucky and issue payments after a week. Gazelle is owned by Verizon, which means they’re part of a nationwide carrier network.
When it comes to recycling phones, Gazelle’s plant in Louisville, KY, processes millions of cell phones every year. The processing plant is located within a 67,500 square-foot industrial park that’s divided into two separate parts. The processing plant includes an ecoATM that houses 2,000 kiosks in the US. In addition to cell phones, Gazelle’s plant is home to two other subsidiaries: a recycling facility and a mobile phone store.
