Relay

Relay

Integrated solutions for fashion brands to buy and sell used products, enhancing sustainability and customer engagement.

HQ location
Gyeonggi-do, South Korea
Launch date
Employees
Enterprise value
$7—11m
Company register number
7058701046
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DateInvestorsAmountRound
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KRW2.1b

Series A
Total Funding000k
More about Relay
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Relay operates in the B2B middle market, providing comprehensive solutions for fashion brands to manage their used products. The company offers integrated technology, materials, and operational support to facilitate the buying and selling of used clothing. This service allows brands to create a new revenue stream by encouraging customers to sell their used clothes and purchase new items, thereby fostering a sustainable business model. Relay's platform enhances the customer experience by offering a seamless and rewarding process for trading in used garments. The company primarily serves fashion brands looking to enter or expand their presence in the used market, leveraging technology to streamline operations and maximize profitability. Relay generates revenue through transaction fees and service charges associated with the use of its platform.

Keywords: B2B, fashion brands, used market, sustainability, integrated technology, operational support, customer engagement, revenue stream, transaction fees, service charges.

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