Just ahead of the closing, ThredUp furnished Remix with a final cash investment of $2 million to help fund operations; ThredUp also has retained a 9% stake in Remix, per financial filings.

After hours: December 12 at 6:00:10 PM EST Loading Chart for TDUP ...

Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market. The company confirmed at its Q2 2024 earnings in August that it was exploring a ...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. It’s been another week with far more retail news than ...

U.S.-based online resale platform ThredUp has divested its European business, Remix, in a management buyout led by Florin Filote, the General Manager of Remix. The divestiture closed simultaneously ...

ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that it entered into a binding agreement to divest its ...

Fashion resale marketplace ThredUp has sold its European business, Remix, to focus solely on its domestic U.S. operations. This move, part of a strategic realignment, sees Remix’s management team, led ...

Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market. The company confirmed at its Q2 2024 earnings in August that it was exploring a sale of ...

US online second-hand fashion company ThredUp has exited the European market with the divestiture of its Remix business, a resale platform it acquired in 2021.

As of December 03, 2024, ThredUp Inc. had a $196.8 million market capitalization, putting it in the 30th percentile of companies in the Specialty Retail industry. ThredUp Inc. does not have a ...