Germany-based specialist puts the quality of its customers' experience at the heart of its global growth plans.
German secondary market business wants to drive international growth into the UK, Asia, Australia and the United States.
Secondary Market
THE BIG INTERVIEW: Chronext sets sights on becoming a billion dollar secondary market watch business
Chronext claim that prices are softening for Rolex on the secondary market causes global controversy but the news is refuted by Bob's Watches and StockX.
Chronext co-founder Philipp Man believes we may be past peak prices for some of the world's most popular steel sports models.
Danny Govberg, co-founder of global pre-owned watch business Watchbox, wants every pre-owned Rolex sold around the world to be measured against a quality standard set by his business.
Global pre-owned platform sees total transactions increase by 30% in 2018 according to its chief executive.
London is the most likely location for an authentication centre that will check all watches on the way from sellers to buyers.
Having already raised $15 million, the New York based marketplace is going back to investors for a second round of funding.
Watchbox aims to create a global network of retail partners buying and selling top end pre-owned timepieces.
Investment bank RBC Capital Market is tracking the percentage of listing for new/unworn watches versus pre-owned on Chrono24 and using the data to assess the health of the world's biggest watchmakers.
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