Online secondhand fashion marketplace ThredUP, whose market cap dropped from $1.3B at its 2021 IPO to just $60M in November 2024, divests its European business (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch:
Online secondhand fashion marketplace ThredUP, whose market cap dropped from $1.3B at its 2021 IPO to just $60M in November 2024, divests its European business  —  Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market.

from Techmeme https://ift.tt/MUW9SHr