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Resale and classifieds platforms Second-hand goods, resale and classified listings You are moving to Bengaluru for your first job, and you want to sell your old bike before you go. You take a few photos and put up an ad on a classifieds site. Classifieds are short ads in which people offer something for sale, like the old classified pages of a newspaper, but online.

Some marketplaces sell things that have been owned before:

  • the dress sold by the person who wore it
  • the limited-edition sneaker, traded like a share
  • the second-hand phone, bike or car, listed in the classifieds

What these marketplaces really sell is trust between strangers. The buyer of your bike wants to know it is what the ad says it is, that the price is fair, and that paying is safe. So the marketplace offers authentication, checking that an item is genuine and not a fake. It offers a price guide. And it can hold the payment until the item arrives, which the industry calls escrow.

What a resale marketplace sells is trust between strangers: it checks that the item is genuine, gives both sides a price guide, and holds the buyer's payment in escrow until the item arrives.What a resale marketplace sells is trust between strangers: it checks that the item is genuine, gives both sides a price guide, and holds the buyer's payment in escrow until the item arrives.

Every company named here has posted software engineering jobs in India. Famous companies that don't actively hire software engineers in India are left out. This Market Segment has six such companies. Most of them are foreign, and several of them build a large share of their product in India.

This Market Segment has one sub-segment, covering all six.

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One more section is on this page: The resale marketplaces. Sign in to read it here, in full.

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  • The resale marketplaces
The resale marketplaces

Back to your old bike from the start of this Market Segment. The same idea, selling what you already own, runs marketplaces around the world.

Poshmarkwith engineers in Chennai, has the most job postings in this Market Segment. It is the American marketplace on which people sell clothes from their own wardrobes. It has a social feed of sellers' closets, which buyers can scroll and follow. Poshmark is owned by Naver, and its Chennai centre is one of its largest engineering sites. StockXwith engineers in Bengaluru, runs the resale market for sneakers, streetwear and collectibles as a stock market. Buyers place bids, the prices they will pay, and sellers place asks, the prices they will accept. StockX authenticates every item before it reaches the buyer. Mercari Inc.Japan's largest second-hand marketplace, has engineers in Bengaluru. Mercari India, its Indian centre, works with it. Together they build Mercari's app and its payments. Carousell Groupwith engineers in Bengaluru, is South-East Asia's classifieds and resale marketplace. OLX Indianow part of CarTrade Tech, with engineers in Delhi, is India's best-known classifieds site. It is strongest in used cars and property. This is where your bike ad would most likely go. (More on CarTrade Tech and selling used cars in Market Segment 38.5, Car dealer software and used-car marketplaces, in Industry Vertical 38, Automotive and mobility.) StockX runs resale like a stock market: buyers place bids, the prices they will pay, sellers place asks, the prices they will accept, a sale happens where a bid meets an ask, and StockX authenticates the item before it reaches the buyer.StockX runs resale like a stock market: buyers place bids, the prices they will pay, sellers place asks, the prices they will accept, a sale happens where a bid meets an ask, and StockX authenticates the item before it reaches the buyer. The listing written from a photograph.

The hardest part of selling a used item was the effort of listing it. Now an AI model writes the title, the description and the price from a photograph. Models also check whether an item is genuine from its images. (More on checking that goods are genuine in Market Segment 27.5, Brand protection and product authentication, in Industry Vertical 27, Retail tech.) In fashion, resale is growing faster than new retail, and the listing written by a model is part of the reason.

That is resale: marketplaces that sell trust between strangers, so that your old bike, a worn dress or a rare sneaker can find its next owner.
Who they hire

Who these companies hire, and for what, is on What e-commerce and D2C brands companies hire for.

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