Currently there are more than6000Refurbished construction machinery assets available for re-sale
BETHESDA, MD, Feb. 26, 2024/PRNewswire/ -- Liquidity Services (NASDAQ: LQDT), the world's leading sustainable circular economy business company, is proud to announce that the Asian-based multinational XCMG E-Commerce Co., Ltd. has selected Machinio, the world's leading online platform for industrial machinery and equipment, as a partner in its “Refurbished Machine” program to support the sale of more than 6,000 refurbished construction machinery assets. Xugong E-Commerce Co., Ltd. is a subsidiary of the world-renowned XCMG Group.
Robin Hargadon, vice president and general manager of Machinio Machinery Bull, said, “We are delighted that the Machinio China team was able to establish relationships and win business with such a well-known brand as XCMG Group. This cooperation shows that Machinio's professional online platform has provided Chinese equipment sellers with more domestic and international exposure and brought more value.”
This sale is the second year that XCMG E-Commerce Co., Ltd. selected Machinio as an important partner in the “XCMG Refurbished Machine” program. The entire plan was to collect equipment assets used by the XCMG Group and then sold after thorough refurbishment, including machine dismantling, maintenance, painting, reconstruction and testing by more than 150 experts, and then resold through Machinio's huge global market platform, with the aim of extending the service life of these equipment assets.
Robin Hargadon said, “Machinio has seen huge potential and opportunities in China, and we will continue to expand the exposure of equipment manufacturers and dealers and introduce more of our services, such as the Machinio System CRM management system and website hosting services.”
The planned assets for sale include a range of high-value refurbished machinery and equipment: XCMG brand wheel loaders, multiple hydraulic crawler excavators, and 180-ton crawler cranes.
To view the full assets of over 6,000 refurbished construction machinery, visit the Machinio Machinery Cow website.
About Machinio Machine Cows
Machinio was acquired by Liquidity Services in 2018 and is one of the world's leading online platforms for trading industrial machinery and equipment. By providing professional services to more than 3,750 machinery and equipment dealers, manufacturers and other suppliers, we have helped them connect with more than 12.5 million interested buyers from over 190 countries. Machinio has more than 1.2 million mechanical equipment assets for sale on its powerful in-house search platform, with a total value of more than 25 billion US dollars. Machinio also provides equipment sellers with a range of online tools and software to help them more targeted exposure of equipment to professional buyers.
regardingLiquidity Services
Liquidity Services (NASDAQ: LQDT) operates a global B2B e-commerce marketplace trading platform, enabling over $10 billion in idle asset equipment transactions for more than 5 million professional buyers and 15,000 businesses and government sellers around the world. Liquidity Services helps companies achieve their sustainability goals by extending the useful life of corporate assets, preventing unnecessary waste and carbon emissions, and reducing end-of-life products.
contact us
Antonio Liotta
Email: antonio.liotta@liquidityservices.com
China Service Hotline: 400-820-9860
China's official WeChat: RoboCow Information Release (LS-Machinio)