New shoppers and increased orders drive ThredUp closer to profitability

6 hours ago 1
A millennial woman is preparing the shipment of some clothes in her new online shop

FilippoBacci/E+ via Getty Images

Fueled by new shoppers and increased order growth, ThredUp experienced its fourth consecutive quarter of accelerating revenue growth, exceeding Wall Street’s expectations and driving shares more than 7% higher in Monday’s after-hours trading.

“This quarter, we launched a fully rebranded ThredUp

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