AN ONLINE marketplace loved by second-hand resellers is set to close in the UK leaving fans "absolutely livid" and "in shock".

Poshmark has announced it is winding down operations in Australia, India and the UK from November 2.

The marketplace, which allows shoppers to buy and sell second-hand products including clothes, pet and home items, is used by plenty of consumers as a side hustle to make extra cash.

It operates much in the same way as other re-selling websites such as Depop and Vinted, which see shoppers cash in on old items.

Facebook Marketplace is another platform used by shoppers too.

But the re-selling site, which only opened to UK customers this January, said it is closing to focus on its operations in the USA and Canada, where it will continue to operate.

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It added: "While our ambition is to connect as many closets as possible, we are closing our marketplace in India, Australia, and the UK to focus on and increase our investments in our core markets of the U.S. and Canada."

Shoppers have shared their devastation following the announcement.

One said they were "in shock", adding: "I thought it must be a joke or a mistake, but no."

A second said: "I can't believe Poshmark UK is closing already. I feel they are giving up too soon."

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Meanwhile, a third said: "Poshmark UK is closing down this month, absolutely livid, all that hard work."

Poshmark said buyers and sellers will no longer be able to access the marketplace via app or website after November 1.

Buyers and sellers with any remaining balance are urged to withdraw it as soon as possible as the process usually takes one to three business days.

Meanwhile, any buyers with Posh Credit will have to use it up by October 25, after which it will be lost.

Poshmark is urging sellers to ship any orders before October 27, just a week away.

All unshipped orders will automatically be cancelled on October 28.

Poshmark has 80million users across the US, Canada and Australia, selling over 200million second-hand items in the three countries.

The online marketplace, headquartered in California, was founded by Manish Chandra, Tracy Sun, Gautam Golwala and Chetan Pungaliya in 2011.

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