{"id":41926,"date":"2025-03-27T16:50:22","date_gmt":"2025-03-27T13:50:22","guid":{"rendered":"https:\/\/entarabi.com\/?p=41926"},"modified":"2025-03-27T18:12:11","modified_gmt":"2025-03-27T15:12:11","slug":"basatne-acquires-uae-based-cartlow","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/03\/basatne-acquires-uae-based-cartlow\/","title":{"rendered":"Basatne Acquires UAE-Based Cartlow to Drive Circular Economy and Sustainable Tech Trade"},"content":{"rendered":"<article class=\"w-full text-token-text-primary\" dir=\"auto\" data-testid=\"conversation-turn-526\" data-scroll-anchor=\"true\">\n<div class=\"text-base my-auto mx-auto py-5 px-6\">\n<div class=\"mx-auto flex flex-1 text-base gap-4 md:gap-5 lg:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group\/turn-messages focus-visible:outline-none\" tabindex=\"-1\">\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn @xs\/thread:px-0 @sm\/thread:px-1.5 @md\/thread:px-4\">\n<div class=\"relative flex-col gap-1 md:gap-3\">\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"a3a7bd4b-e5c3-48fd-97d1-206de85fa305\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<ul data-start=\"113\" data-end=\"569\">\n<li class=\"\" data-start=\"113\" data-end=\"270\">\n<p class=\"\" data-start=\"115\" data-end=\"270\"><strong data-start=\"115\" data-end=\"126\">Basatne<\/strong>, a leader in sustainable trade and reverse logistics, has acquired UAE-based <strong data-start=\"204\" data-end=\"215\">Cartlow<\/strong>, a pioneer in recommerce and electronic device resale.<\/p>\n<\/li>\n<li class=\"\" data-start=\"271\" data-end=\"385\">\n<p class=\"\" data-start=\"273\" data-end=\"385\">The acquisition aims to build a <strong data-start=\"305\" data-end=\"365\">fully integrated, tech-enabled circular economy platform<\/strong> in the Middle East.<\/p>\n<\/li>\n<li class=\"\" data-start=\"386\" data-end=\"569\">\n<p class=\"\" data-start=\"388\" data-end=\"569\"><strong data-start=\"388\" data-end=\"399\">Cartlow<\/strong> has recycled over <strong data-start=\"418\" data-end=\"450\">1 million electronic devices<\/strong>, preventing <strong data-start=\"463\" data-end=\"503\">100,000 metric tons of CO\u2082 emissions<\/strong>\u2014equivalent to removing over 21,000 cars from the road for a year.<\/p>\n<\/li>\n<\/ul>\n<p class=\"\" data-start=\"576\" data-end=\"934\"><strong data-start=\"576\" data-end=\"587\">Basatne<\/strong>, a company specializing in sustainable commerce and reverse logistics solutions, has announced its acquisition of <strong data-start=\"702\" data-end=\"713\">Cartlow<\/strong>, the UAE-based leader in recommerce and device lifecycle management. This strategic move strengthens Basatne\u2019s footprint in the Middle East and accelerates the shift toward a more efficient, tech-driven circular economy.<\/p>\n<p class=\"\" data-start=\"936\" data-end=\"1144\">By leveraging Cartlow\u2019s proprietary technology and market leadership, Basatne plans to expand its impact through a closed-loop ecosystem that promotes responsible consumption and reuse of electronic products.<\/p>\n<h2 data-start=\"1146\" data-end=\"1190\">A Unified Vision for Circular Innovation<\/h2>\n<p class=\"\" data-start=\"1192\" data-end=\"1394\">In 2023, Basatne launched <strong data-start=\"1218\" data-end=\"1229\">Ardroid<\/strong>, the region\u2019s first AI- and robotics-powered refurbishment facility in the UAE. Speaking on the acquisition, <strong data-start=\"1339\" data-end=\"1357\">Ammar Abunnasr<\/strong>, Founder and CEO of Basatne, said:<\/p>\n<blockquote data-start=\"1395\" data-end=\"1576\">\n<p class=\"\" data-start=\"1397\" data-end=\"1576\">\u201cWith Cartlow joining the fold, we\u2019re building a seamless circular system that enables markets to transact efficiently while advancing a scalable and structured circular economy.\u201d<\/p>\n<\/blockquote>\n<h2 data-start=\"1578\" data-end=\"1609\">Proven Environmental Impact<\/h2>\n<p class=\"\" data-start=\"1611\" data-end=\"2002\">To date, <strong data-start=\"1620\" data-end=\"1631\">Cartlow<\/strong> has recycled over 1 million electronic devices, preventing the emission of more than <strong data-start=\"1717\" data-end=\"1747\">100,000 metric tons of CO\u2082<\/strong>\u2014an environmental impact equivalent to taking 21,000 cars off the road for an entire year. The platform has generated over <strong data-start=\"1870\" data-end=\"1889\">AED 500 million<\/strong> in value by extending product lifecycles, emphasizing the economic and ecological benefits of sustainable trade.<\/p>\n<h2 data-start=\"2004\" data-end=\"2037\">Addressing the E-Waste Crisis<\/h2>\n<p class=\"\" data-start=\"2039\" data-end=\"2269\">The acquisition comes amid a rising e-waste crisis in the region. The Middle East produces over <strong data-start=\"2135\" data-end=\"2160\">3 million metric tons<\/strong> of electronic waste annually, with the UAE ranking among the top countries in per capita e-waste generation.<\/p>\n<h2 data-start=\"2271\" data-end=\"2297\">Scaling Circular Trade<\/h2>\n<p class=\"\" data-start=\"2299\" data-end=\"2524\">Basatne and Cartlow are poised to lead the regional recommerce market, which is expected to exceed <strong data-start=\"2398\" data-end=\"2421\">$30 billion by 2028<\/strong>. Their combined expertise positions them to redefine the future of tech-enabled, responsible commerce.<\/p>\n<p class=\"\" data-start=\"2526\" data-end=\"2755\">The move aligns with key sustainability agendas, including <strong data-start=\"2585\" data-end=\"2611\">UAE\u2019s Net Zero by 2050<\/strong> strategy and <strong data-start=\"2625\" data-end=\"2646\">Saudi Vision 2030<\/strong>, both of which emphasize environmental responsibility, digital transformation, and economic diversification.<\/p>\n<p class=\"\" data-start=\"2757\" data-end=\"3020\">As the UAE emerges as a hub for green technology and sustainable business, Basatne and Cartlow\u2019s partnership will accelerate the circular economy shift, equipping businesses, retailers, and consumers with the tools to adopt more ethical and sustainable practices.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Basatne, a leader in sustainable trade and reverse logistics, has acquired UAE-based Cartlow, a pioneer in recommerce and electronic device resale. The acquisition aims to build a fully integrated, tech-enabled circular economy platform in the Middle East. Cartlow has recycled over 1 million electronic devices, preventing 100,000 metric tons of CO\u2082 emissions\u2014equivalent to removing over [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":41923,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[7665,7666],"class_list":["post-41926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-basatne-en","tag-cartlow-en"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=41926"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/41923"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=41926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=41926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=41926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}