Pawnbroker ValueMax sees more online sales and loan renewals amid pandemic

Chief executive Yeah Hiang Nam said online sales of luxury watches, jewellery and bags have surged at ValueMax Group. ST PHOTO: KHALID BABA
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SINGAPORE - Pawnbrokers are proving one of the more unlikely winners amid the economic downturn with consumers spreading their online shopping net much wider as they look for more bang for their buck amid the uncertain economy.

Online sales of luxury watches, jewellery and bags have surged at ValueMax Group, said chief executive Yeah Hiang Nam.

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