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-0.00249687890137323 -0.00127340823970029 -0.00998751560549303 -0.00998751560549303 -0.00249687890137323 0.0149812734082398 0.0374531835205993 0.0574282147315856
Stock impact report

Phia, A Shopping App From Two Stanford Grads, Launches Amid Resale Boom [Forbes]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Forbes
to help customers navigate the booming space and what's worth purchasing new or not. Phia works like “the Google Flights for fashion,” said Sophia Kianni , co-CEO, helping shoppers discern whether they should buy an item new or secondhand based on aggregate resale data. Phia displays a graph showing the average prices for first-time purchases and second-hand purchases of a particular item. Suppose a white dress from a specific designer or store is selling for $200, for example, but the comparative resale value is $150. In that case, consumers might consider finding something secondhand or feel confident in their purchase. Phia is available for free both on Google Chrome and as an iOS app, where a user can add it and enable as a Safari extension. While browsing on Safari, users tap the “Should I Buy This?” button on the Phia browser extension to get an instant price check, based on Phia's database of 250 million secondhand items. It can be used on over 40,000 shopping sites. Phia e Show less Read more
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