Asia Tech Wire (June 5) -- Singapore-based fast-fashion giant Shein announced on Monday that its resale platform Shein Exchange has officially expanded to the European market.

Following its success in the U.S., the platform, which allows consumers to buy and sell second-hand Shein products, is now live in France, with plans to enter the U.K. and German markets in the coming months.

SHEIN Exchange has attracted more than 4.2 million new users in the U.S., with more than 95,000 sellers on the platform and more than 115,000 Shein-branded used items on the shelves.

The data informs Shein's expansion into the European market, which will promote sustainable fashion and meet consumer demand for second-hand goods.