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At ThredUp, losses narrow and revenue increases amid ‘record orders’
Resale platform ThredUp has posted strong financials for the fourth quarter of 2023, with revenue rising by 14 percent year-over-year to 81.4 million dollars. The company further reported that its gross profit came to 50.4 million dollars YoY, up 12 percent, while its gross margin dropped from 61.9 percent to 63.1 percent in the same period,...
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