OAKLAND, Calif. (KGO) -- In 2009, the iPhone 3GS was released, President Obama was inaugurated, and a company called thredUP was born. Fast forward to 2023, and Oakland-based thredUP is gracing the ...
Amid questions surrounding the profitability of online resale despite its growing popularity, two e-retailers of secondhand apparel on Tuesday announced they shrunk their losses in their most recent ...
Apparel resale e-retailer ThredUp on Tuesday said total Q4 revenue fell 2.14% year over year to $71.3 million, as its number of active buyers fell 2% to 1.7 million and orders fell 8% to 1.5 million.
Marking a significant shift in ThredUp’s value proposition to consumers, the resale marketplace testing out a number of new initiatives to improve its margins, including new return policies and fees ...
ThredUp is well-positioned to capture growth in the US soft lines resale market, which is expected to grow at a CAGR of approximately 30% by 2027. The acquisition of Remix has expanded ThredUp's total ...