12/10/2023 0 Comments Thredup bingo winners"We kicked off 2022 with another quarter of strong financial performance, demonstrating the ongoing competitive advantages we’ve developed in our supply chain," said thredUP CEO and co-founder James Reinhart. (Nasdaq: TDUP), one of the largest online resale platforms for women’s and kids’ apparel, shoes, and accessories, announced today its financial results for the first quarter ended March 31, 2022. OAKLAND, Calif., (GLOBE NEWSWIRE) - ThredUp Inc. Launched the “Recommerce 100” in April, a comprehensive and objective review of branded recommerce that tracks brands’ adoption of resale and their potential impact on the planet. Record number of Active Buyers of 1.7 million in Q1 2022 and Orders of 1.6 million in Q1 2022, representing growth of 33% and 45% year-over-year, respectively.First quarter gross margin of 69.1% and gross profit growth of 26% year-over-year.Quarterly revenue of $72.7 million, representing 31% growth year-over-year.
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