Secondary Market

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.

Rolex watches accounted for 20% of the total luxury watch sales on the site this year.

Chronofy helps jewellers, dealers and pawnbrokers to instantly work out prices for trade-in timepieces and mark them up for resale.

Authentication service aims to take the risk out of buying from the global marketplace.

The service is currently only available for iPhone users, but the company is working on solving the technical challenges of making it work with Android.

Chrono24, Watchbox and Chronext could be in the cross hairs for watch brands looking to seize control of grey and pre-owned watch channels.

Opening of Swiss HQ is the e-commerce company's third physical location and first in Europe

"It’s an acknowledgement — finally — that this massive platform has an integrity problem; they always have." says one pre-owned specialist.