Why Global Bunjang sees Singapore as a launchpad for Asian resale

Global Bunjang flea market in South Korea (Source: supplied)
South Korean secondhand marketplace Global Bunjang is expanding its operations in Singapore, two years after quietly entering the market. The company’s push in Singapore also comes at a time when resale is gaining new ground across Southeast Asia. According to Research and Markets, the local re-commerce market is projected to reach US$2.37 billion this year, growing at over 14 per cent annually. That growth is fuelled by a mix of affordability, environmental awareness and shifting attitudes ab

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