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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

March 27, 2021 The Market Comments Off on 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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IPO Report: ThredUp IPO: 5 things to know about the secondhand e-commerce site before it goes public

March 9, 2021 The Market Comments Off on IPO Report: ThredUp IPO: 5 things to know about the secondhand e-commerce site before it goes public

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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