Humble, a circular economy marketplace for second-hand goods and e-commerce returns in the Philippines, has received significant investment to further its mission of sustainability and effective inventory liquidation.

Information on the Target

We are pleased to announce our investment in Humble, an innovative marketplace focused on the circular economy, specializing in the resale of second-hand goods, e-commerce returns, and surplus inventory. Established in 2020, Humble initially served as a consumer-to-consumer (C2C) platform enabling sustainability-conscious individuals in the Philippines to donate unwanted items, promoting the reuse of goods instead of disposability.

As sustainability awareness grew, Humble garnered an active social media following, attracting businesses interested in liquidating unsold or returned items. This expansion marked a significant increase in market potential for Humble, positioning it as a key player in enhancing sustainability while addressing a growing demand for efficient inventory solutions.

Industry Overview in the Philippines

The e-commerce sector in the Philippines is rapidly evolving, driven by increasing internet penetration and a burgeoning middle class. However, it faces unique challenges, particularly in managing returne