The UAE-based digital ecosystem, which brings innovation in trading and logistics industries, re.life, has won three separate awards in the first quarter of the year.
The awards recognise re.life’s innovations as a start-up, specifically for its platforms re.life collect and re.life market.
MEA Business Awards recognised re.life as “Innovative Tech Solution of the Year” for 2021, for its ‘re.life collect’, a platform helping logistics services by connecting users with reliable drivers, trucks and moving personnel, on-demand or at a defined time. Innovation and Excellence Awards 2022 was awarded to ‘re.life market’, the B2B marketplace for online recyclables trading. Build 2021 Recycling & Waste Management Awards was awarded ‘re.life market’ with “Best Recyclables Trading Solution” of 2021.
Salim Sultan Al Owais, CEO of re.life, said: “These awards recognise the transformative impact that re.life collect and re.life market are having. I’m proud that we are realising our vision to reimagine the way people can live, work and offer the next level of convenience through our platforms.”
Founded as a next-generation digital ecosystem, re.life develops smart platforms that aim to simplify B2B and B2C transactions as well as provide individual users better access to services. re.life market is the company’s second platform, which has set a new benchmark for the recyclables trading industry. As a virtual marketplace for recyclables trading, the platform eliminates the middleman between buyers and sellers, saving time, and offering a transparent bidding process. Currently, re.life market connects buyers and sellers of recovered commodities, including cardboard and paper; glass; ferrous and non-ferrous metals, aluminium and light metal scrap, plastic, rubber, textiles and wood.
Since its launch in June 2021 , re.life market has seen an exponential increase in user traffic by onboarding more than 200 buyers and sellers, which the re.life Al Owais attributes to the unparalleled convenience, accessibility and market visibility.
“re.life market is designed to be a transparent and convenient one-stop destination for all recyclables trading activity. It connects motivated buyers and genuine sellers, while offering real-time visibility on the market landscape and commodity prices. Through the platform, buyers have been able to purchase commodities that are in short supply in the traditional market. Similarly with bid transparency, sellers have been able to command good prices for their commodities, often at higher prices than the market average depending on demand,” Al Owais said.
“Recyclables traders everywhere need a solution that enables a smooth, hassle-free trade. We believe re.life market is that solution. We are currently exploring replicating the platform’s success in the UAE to new markets such as India,” he said.
Al Owais added: “Both re.life collect and re.life market have disrupted their industries. re.life collect provides the next level of access when it comes to moving goods, for individuals as well as businesses, saving time, money and effort. Similarly, re.life market is resolving all the major pain points of buyers and sellers in the recyclables trading industry, proving itself as a solution that is becoming more and more essential for trading activity.”
“As re.life, winning prestigious awards such as these inspires us even further. We are committed to enhancing the re.life market and re.life collect platforms and in turn improve lives, businesses and society through digital transformation. Not just in the UAE, but across the Middle East and beyond,” he added.
