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Stock impact report

Online Resale Jumped 23% In 2024, With AI Tools Driving Growth [Forbes]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Forbes
Gani Pinero Photography/Courtesy of ThredUp A record number of Americans bought secondhand apparel in 2024, and more than half of those shoppers made a purchase online, according to the 2025 ThredUp Resale report. ThredUp, an online resale platform for women's and children's clothing, shoes and accessories, has been tracking the evolution of the resale market since 2013, with an annual report. While each report has shown steady growth in consumer acceptance of, and demand for, secondhand apparel, this year's , ThredUp's 13th, signals that resale is positioned for a period of accelerated growth. AI tools ThredUp, and other resale platforms, began using in 2024 are making it as easy to search and shop online for secondhand apparel as it is to shop for new merchandise. The growing integration of social commerce and resale, along with price concerns triggered by tariff policies also are expected to boost secondhand sales. U.S. Secondhand Apparel Market Up 14% The U.S. secondhan Show less Read more
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