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IPO Report: ThredUp CEO on IPO day: Don’t tax resale and Amazon’s speed is a fading trend for young shoppers

Clothing resale site ThredUp Inc. launched its initial public offering at the top end of the projected range Friday, a funding injection that CEO James Reinhart wants to leverage to challenge competitor Amazon.com on the speedy retail giant’s environmental reputation. Sustainability is inherent in secondhand shopping, but ThredUp wants to …

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