Shopify Gross Merchandise Volume (GMV) - Marketplace Pulse A thredUP buyer is a customer who has created an account in our marketplace. This report provides a comprehensive view on size and. My Item is not as Described. This is especially true in the customer-to-customer market, where the retailer serves as a third-party mechanism for connecting buyers and sellers without actually participating as either. An additional 960,000 shares . "Most Popular Online Marketplaces Worldwide in 2021, Based on Gross Merchandise Value (in Billion U.S. Most popular online marketplaces worldwide in 2021, based on gross merchandise value (in billion U.S. dollars) [Graph]. James Reinhart - CEO - thredUP | LinkedIn thredUP is transforming resale with technology and a mission to inspire a new generation of consumers to think secondhand first. Sales volume across all merchant stores. Our rule of thumb is that marketplaces at scale are valued at roughly 1x annualized GMV (typically about 6-8x annual revenue). The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission (SEC), including, but not limited to, risks detailed in our upcoming Annual Report on Form 10-K for the year ended December 31, 2021. Gross Merchandise Value (GMV): Definition and Examples Consumers satisfied with thredUP most frequently mention great condition, good quality and polka dot.thredUP ranks 3rd among Used Clothing sites. Chart. All-time quarterly revenue high of $72.9 million, representing 68% growth year-over-year. ThredUP generated $251.8 million in revenues in 2021, a 35% year-over-year (YoY) increase, per its earnings statement. While the last 10 years were dominated by marketplaces, brands and retailers are driving the next wave of secondhand.
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