What If Buying Used Clothes Was as Easy as Buying New? [BNN Bloomberg (Canada)]
ThredUp Inc. - Class A (TDUP)
Company Research
Source: BNN Bloomberg
A new company called Beni aims to make the process easier by suggesting used items while a customer is shopping online for new ones. The goal, says Beni Co-Founder and Chief Executive Officer Sarah Pinner, is to make buying resale “as easy as buying new, so buying new isn't just the default.”Beni was founded in May 2021, and its browser extension became available for public use in the US and UK in September. The startup has raised just over $1 million, with investors that include XYZ Venture Capital and Chingona Ventures. Users begin by downloading the Beni browser extension, currently available on mobile for Safari as well as on the desktop versions of Chrome, Safari and Brave. As they're shopping for shoes, sweaters or watches at apparel retailers online, running the Beni extension will suggest similar or identical secondhand products in a pop-up box. A click on any of those used items leads to a secondhand marketplace, where the user can get more information and buy the item dire
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TDUP
News
- ThredUp Inc. (NASDAQ: TDUP) had its price target lowered by analysts at Wedbush from $4.00 to $3.00. They now have an "outperform" rating on the stock.MarketBeat
- ThredUp Inc. (NASDAQ: TDUP) had its price target lowered by analysts at Telsey Advisory Group from $4.00 to $3.00. They now have an "outperform" rating on the stock.MarketBeat
- ThredUp Inc. (NASDAQ:TDUP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- ThredUp Inc. (NASDAQ: TDUP) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $5.00 price target on the stock.MarketBeat
- ThredUp (NASDAQ:TDUP) Misses Q1 Sales Targets, Stock Drops [Yahoo! Finance]Yahoo! Finance
TDUP
Earnings
- 5/6/24 - Miss
TDUP
Sec Filings
- 5/10/24 - Form 144
- 5/10/24 - Form 144
- 5/10/24 - Form 144
- TDUP's page on the SEC website