EMCC European Monitoring Centre on Change

Back Market

Back Market

Geographic Location

Country: World
Location of affected unit(s): France, United States, Other countries


Sector: Information / communication
IT and other information services
62.09 - Other information technology and computer service activities
Number Employed: 280

Employment Effects

Announcement Date: 05-05-2020
Type of Restructuring: Business expansion
Employment Effect Start: 06-05-2020
Foreseen End Date: 31-05-2022
Planned Job Creation: 300

Additional Information

The start-up Back Market (Jung SAS), an online sales company specialising in refurbished electronics, has announced plans to double its workforce from 280 to 560 employees by 2020. The company is seeking cadidates in particular for quality control, to reduce the fail rate of products sold. The company, which has seen its sales double during lockdown, due to the intensification of online commerce, the use of video games, and the needs related to teleworking, managed to raise €100 million from investment bank Goldman Sachs and the French funds Aglaé Ventures and Eurazeo Growth. These funds should enable it to continue its international expansion, particularly in the German, British and American markets.

Back Market currently employs 280 people in 8 countries.