# CompAsia

> CompAsia is a Southeast Asian device-circularity company that collects used electronics through consumer and partner trade-ins, diagnoses and grades them, securely wipes data, and routes them into resale, subscription, enterprise, or wholesale channels. Its integrated model is designed to make smartphones and other devices more affordable while giving manufacturers, telcos, retailers, companies, and consumers one operator for the messy middle between first ownership and landfill.

- **Founded:** 2012
- **Headquarters:** Singapore, Singapore
- **Founders:** Julius Lim (Founder and CEO)
- **Team size:** 310+ employees reported by the company; LinkedIn lists 201-500 employees.
- **Products:** Retail and e-commerce, Trade-in and buyback, ReNewNGo, ReNew+, Device Care and protection
- **Notable:** Reported more than 3 million device transactions since 2019 by June 2025., Reported more than 50 global partners, 310+ staff and eight offices., Sourced and transacted more than 2.1 million second-hand mobile devices from 2019 through 2022.

## Products & services

- **Retail and e-commerce** — Country-specific online stores and physical shops selling quality-checked second-hand smartphones, tablets, laptops and wearables.
- **Trade-in and buyback** — In-store, web and app-based valuation and collection programs for consumers, manufacturers, telcos and retailers.
- **ReNewNGo** — A flexible device-ownership plan with monthly payments and the option to upgrade, downgrade or return after 12 payments, or own after 36 payments.
- **ReNew+** — A 12- or 24-month device payment plan that can be accessed without a credit card, subject to local terms.
- **Device Care and protection** — Warranty, repair, replacement and device-care options offered directly and through retail partners.
- **Enterprise asset cost recovery** — Collection, grading, certified data erasure and remarketing of retired corporate device fleets.
- **Enterprise asset upgrade** — Second-life smartphone, laptop and tablet fleets for businesses seeking lower equipment costs.
- **Wholesale devices** — Tested and graded inventory, plus as-is device lots, sold through business channels.

## Achievements

- Reported more than 3 million device transactions since 2019 by June 2025.
- Reported more than 50 global partners, 310+ staff and eight offices.
- Sourced and transacted more than 2.1 million second-hand mobile devices from 2019 through 2022.
- Estimated that its 2019-2022 activity avoided 420 tonnes of e-waste and 181,000 tonnes of carbon dioxide emissions.
- Expanded consumer commerce across Malaysia, Singapore, Thailand and the Philippines, with additional regional operations and offices.
- Reached roughly 70 Malaysian stores by early 2026, according to CEO Julius Lim.
- Built ReNewNGo to about 20,000 subscribers by April 2026, according to the company.
- Reported Malaysia pre-tax profit rising from RM12 million in 2024 to RM20 million in 2025.

## Latest updates

- **2026-07** — CompAsia presented a refreshed brand identity and positioned it around easier, bolder device upgrades.
- **2026-07** — Founder Julius Lim discussed the combination of digital convenience and physical-store expansion on BFM 89.9.
- **2026-04** — The company said it was targeting a Bursa Malaysia Main Market IPO in the first half of 2027, seeking RM400 million to RM500 million at an indicated RM2 billion valuation.
- **2026-04** — CompAsia reported about 70 stores in Malaysia and set a target of 150 by the end of 2026.
- **2026-04** — ReNewNGo had about 20,000 subscribers; the company targeted 50,000 by the end of 2026 and 100,000 in 2027.
- **2025-06** — CompAsia announced that it had passed 3 million device transactions since 2019.

## Links

- Website: https://www.compasia.com/
- LinkedIn: https://www.linkedin.com/company/compasia
- Twitter/X: https://twitter.com/compasiamy
- YouTube: https://www.youtube.com/@compasiamy
- Instagram: https://www.instagram.com/compasiamy/
- Facebook: https://www.facebook.com/CompAsiaMY/
- TikTok: https://www.tiktok.com/@compasiamy

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Profile page: https://yespress.io/compasia
Published by YesPress — https://yespress.io
Last updated: 2026-08-17