South Africa, Oct. 23 -- This latest funding reflects investor confidence in both the sector and the Yaga team.

Resale platforms are no longer niche; they're becoming mainstream shopping destinations. Last year, the global second-hand apparel market grew by about 15% reaching $227bn, and it is forecast to nearly double to $367bn by 2029.

At the centre of this global shift is Yaga - a safe and user-friendly pre-loved fashion buying-and-selling platform with an escrow-based payment system and localised logistics to protect buyers and sellers.

Yaga has built a particularly strong presence in South Africa, where it dominates the online fashion resale market.

"Items on Yaga are typically 50-80% cheaper than new, making fashion more accessi...