Name | Value |
---|---|
Revenues | 82.0M |
Cost of Revenue | 25.4M |
Gross Profit | 56.6M |
Operating Expense | 74.8M |
Operating I/L | -18.2M |
Other Income/Expense | 0.1M |
Interest Income | 0.7M |
Pretax | -18.1M |
Income Tax Expense | 0.0M |
Net Income/Loss | -18.1M |
ThredUp Inc. operates online resale platforms for secondhand women's and kids' apparel, shoes, and accessories. The company facilitates the buying and selling of pre-owned items, providing a convenient and sustainable way for consumers to refresh their wardrobes. ThredUp generates revenue through commissions on sales and fees for services such as processing and authenticating items. By leveraging technology and logistics, the company streamlines the resale process, offering a seamless experience for both buyers and sellers.