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BuyBay
Processes and sells returned items
- 21-100 employees
- B2B
- Outsourcing
- Consumer Goods
- eCommerce
- Buiksloterham, Amsterdam, NH
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Company mission
To help companies to give their returns and overstock a second life. By doing so, they contribute to a circular economy and the reduction of co2 emission, one item at a time.
-15% employee growth in 12 months
Our take
Customer logistics, including returns management, can be difficult for large companies to effectively manage. It is still common practice for companies to destroy returned items and overstock as there is no great alternative.
BuyBay was created to bridge this gap, offering a full-service solution for businesses to better serve customers. The company handles & sorts products and resell them to new owners, for the best possible price. The company has quickly differentiated itself in the market through the development of its own algorithms, with clients now including bol.com, blokker, acer, fyf, and dpd.
BuyBay strongly believes in continual innovation and continues to invest into its return management system. In the future, the Amsterdam-based company looks to consolidate existing ties with organisations in the Netherlands and ultimately forge relationships with clients across Europe.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- You contribute to a more sustainable e-commerce market every day
- Flexible hours and a hybrid way of working
- Possibility to work abroad for some weeks each year
- A good pension scheme
- A discount on your OneFit membership
- Fun, freedom and trust
- Weekly bootcamps, Friday drinks and our yearly BuyDay with all BuyBay’ers
- 6 weeks of fully paid paternity leave
- A steep learning curve is guaranteed, personal development is very important to us
- Lunch at the office from De Buurtboer
Company values
- We’re a zero-waste company: We really don’t like waste. That means we take ownership and get shit done. We make sure our actions are sustainable and future-proof
- We grow: We’re always on the hunt for improvement. Of ourselves, others, and our business. We always go the extra mile to grow and be successful
- We care: Fixing a huge global problem has to be done together, so there is no room for egos. That means we’re open-minded, transparent, and take care of each other
- We're problem solvers: The challenge we face is big, so the status quo is not our friend. The expectations and bar are set high. We innovate, experiment, and learn from mistakes
Funding (1 round)
May 2018
$2m
GRANT
Total funding: $2m
Leadership
Machiel Tiddens
(CEO, not founder)Former Digital Platform Director at NLinBusiness, VP of E-Commerce at Albert Heijn, Director at bol.com, and worked in Sales Management at Bacardi.
Diversity, Equity & Inclusion at BuyBay
- We believe that the best workplace is one that represents the world we live in today
- We believe that diversity goes hand in hand with different perspectives. It is these different perspectives that can help us become better and more innovative
- Diversity in the broadest sense of the word connects us and drives us forward as a company
- Gender, age, sexual orientation or origin will never be a factor and will never become one