OAKLAND - ThredUp Inc., one of the fashion industry’s largest online resale platforms for apparel, shoes and accessories, has narrowed its loss for its fourth quarter, helped by increased user numbers and stronger revenues.
Total net loss for the quarter was $14.6 million, a slight improvement on a net loss of $19.5 million in the same quarter of 2022 while revenue was up 14% to $81.4 million.