Amazon, the world's largest online retailer, is planning to start buying more goods back, as well as selling them, by setting up its own online trade-in platform for used consumer electronics.
The retailer is recruiting software engineers to work on a service to allow consumers to trade in used consumer electronics gadgets in exchange for Amazon gift cards.
The move highlights the surge in interest in trade-in services, spurred in part by the newly frugal mood of US consumers, with leading retailers including Walmart, Target and Costco starting partnerships last year with a variety of online services.
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