WatchBox is a global platform for buying, selling, and trading pre-owned luxury watches. Established in 2017, the company was co-founded by Danny Govberg, Justin Reis, and Tay Liam Wee. WatchBox specializes in sourcing and trading timepieces from brands such as Rolex, Patek Philippe, Audemars Piguet, and F.P. Journe, and operates through both physical locations and an online platform.

History

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The company was launched to address the growing demand for pre-owned luxury watches. Leveraging expertise in watch retail and technology, WatchBox developed a proprietary platform offering customers access to authenticated timepieces and market expertise.[1]

Business Model

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WatchBox operates a hybrid model, combining e-commerce with physical showrooms in cities such as Hong Kong, Dubai, and Miami. The company authenticates and services each watch it sells, ensuring quality and value.[2]

Recognition

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The platform has been recognized for its contribution to reshaping the luxury resale market. Industry experts highlight its innovative approach to creating liquidity and transparency for watch collectors.[3]

See Also

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References

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  1. ^ "WatchBox Disrupts Luxury Resale". Forbes. 2022.
  2. ^ "The Secondary Watch Market Boom". Bloomberg. 2023.
  3. ^ "Inside WatchBox". Hodinkee. 2023.
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