Summary
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Nearly half of goods that could be resold go unsold, primarily because people find selling difficult, time-consuming, and uninspiring.
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Haz is an AI-enabled social commerce app that simplifies this process by automatically creating a live feed of personal belongings, gamifying the resale experience, and fostering social connections among friends.
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The second-hand market is booming, projected to grow from $217 billion to $330 billion globally by 2027, with substantial online sales opportunities in Europe.
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Our strategy involves building out our AI system and leveraging unique data insights to optimize user acquisition, followed by expansion into European markets.
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Our founding team combines extensive experience in launching successful consumer apps and expertise in AI, ensuring we're well-equipped to lead in the social commerce sector.
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Advancements in AI, shifting consumer behaviors towards sustainability, and increasing interest in second-hand shopping create a perfect storm for Haz's success at this moment.