Trove Takes On European Resale Market With Reverse.Supply Acquisition [Yahoo! Finance]
ThredUp Inc. - Class A (TDUP)
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Source: Yahoo! Finance
The move—lauded as the branded resale and trade-in commerce partner's first pan-European branded resale network—marks a “major milestone” in Trove's international platform rollout. It's also an “impactful consolidation” in the resale space at large, Trove's CEO, Terry Boyle , told Sourcing Journal, as the Oakland-based B Corp is now available across 30 countries. More from Sourcing Journal Faherty Expands 'Second Wave' Resale Program With Mail-in Option Here's How the Demise of De Minimis Could Impact E-Commerce and Resale ThredUp's Resale Report Shows How Tariffs and AI Could Impact Secondhand This Year “Since I joined, we've been very focused on Europe; we've won a lot of business here, we've been building a network here,” Boyle said. “But the opportunity to acquire Reverse.Supply and have it be ‘Trove Europe' was too good to pass up.” Reverse.Supply—a recommerce-as-a-service tool—works to “enable brands to enter the circular economy” by handling the technical and logis
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- ThredUp (NASDAQ:TDUP) had its "outperform" rating reaffirmed by analysts at Telsey Advisory Group. They now have a $12.00 price target on the stock.MarketBeat
- ThredUp (NASDAQ:TDUP) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=TDUP&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> frMarketBeat
- Jim Cramer on ThredUp: “I Don't Feel Comfortable Recommending This One” [Yahoo! Finance]Yahoo! Finance
- ThredUp (NASDAQ:TDUP) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Want to buy and sell secondhand luxury? Here's how to do it. [Business Insider]Business Insider
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