Our founders, Peter and Eric, met on Carousell.
Eric wanted a second phone, met with Peter at the MTR station to buy his old iPhone 8.
However, Eric found out the iPhone Touch ID wasn't working the next day, making it almost worthless.
They agreed to meet again. Eric demanded a refund. They started arguing and fighting, leading to them getting arrested and spending a night in jail. That was when they learned about their joint passion for tech!
They agree to form a partnership to create an eco-friendly marketplace after a night of endless discussions… and the rest is history!
On a serious note, Ola Tech's idea comes from when Eric bought an iPhone from an unknown seller on Carousell.
He later realised the iPhone Touch ID didn't work. By that time, the seller had blocked Eric on all communication platforms.
This made Eric realise most sellers in the second-hand electronics market are all about profit, rather than doing something sustainable and selling trustworthy tech to others.
Eric and Peter met at Cyberport, where both of their previous startups started. Over time, they became close friends. They both saw the needs of a marketplace to give electronics a second life, and a marketplace to give trustworthy, affordable tech to the mass in Asia.
They are aware of the enormous environmental damage, both when manufacturing new electronic device and disposing of these same devices later. Their camaraderie and passion led them to launch Ola Tech in November 2019.
Reduced Carbon Emissions
Exploitation of Workers Eradicated
Ola! Say Hello to Ola Tech!We are the eco-friendly marketplace platform to buy refurbished & renewed tech.
Our mission? To make buying tech devices affordable to everyone while supporting worthy causes.
© 2023 Ola Tech (FonFair Technology Limited)
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