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 ...
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 ...