ThredUp Inc. is an American company that operates an online resale platform using Artificial Intelligence, specializing in the sale of second-hand clothing, footwear, and accessories [1] Founded in 2009 and headquartered in Oakland, California, ThredUp has established itself as one of the leading resale fashion marketplaces.
[2] ThredUp was founded in 2009 by James Reinhart, Chris Homer, and Oliver Lubin who raised US$131 million in a funding round.
The company has several distribution centers in the United States and Europe, allowing it to efficiently manage its inventory and meet customer demand.
The customer receives compensation via a cash payment or online credit and is also given the option to donate to charity.
[9] The second service is to customers who can use their page to find and purchase clothes shorted by brand, type or style.