Oakland, Calif.-based online resale company ThredUp Inc. TDUP, has filed its initial public offering prospectus with the Securities and Exchange Commission after first filing to go public confidentially in January. The company has registered to sell $ 100 million in shares, though that’s likely a placeholder amount as it works …
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Amazon.com Inc. has become the go-to shopping site for many consumers during the COVID-19, including an increasing number of older customers, according to SunTrust Robinson Humphrey analysts. Amazon AMZN, -1.66% reported earnings late Thursday that nearly doubled year-over-year to $ 10.30 per share, with sales up 40% to $ 88.9 …
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The COVID-19 outbreak is bringing more people into the digital fray and providing a further tailwind to e-commerce growth. In Latin America alone, 13 million Visa Inc. V, -1.16% cardholders made e-commerce transactions for the first time ever during the March quarter, the company’s Chief Product Officer Jack Forestell told …
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