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Version status: Applicable | Document consolidation status: No known changes
Version date: 1 January 2024 - onwards
Version 3 of 3

5.6. Marketplace for the trade of second-hand goods for reuse

Description of the activity

Development and operation of marketplaces [‘Marketplaces’ are platforms that connect buyers and sellers and facilitate transaction via technology enablement or services, such as payment gateway or logistics services.] and classifieds [‘Classifieds’ are platforms that connect buyers and sellers.] for the trade (sale or exchange) of second-hand products, materials or components for reuse, where the marketplaces and classifieds act as an intermediary to match buyers seeking a service or product with sellers or providers of those products or services.

The economic activity covers marketplaces and classifieds supporting B2B, B2C and Customer to Customer (C2C) sales. The activity covers services such as buyer-seller linking, payment or delivery service.

The economic activity does not include the wholesale or retail trade of second-hand goods.