Thredup Statistics and User Count (2023)
Last Updated on: June 12th, 2023
ThredUp is an online consignment and thrift store that specializes in buying and selling secondhand clothing and accessories for women, men, and children. The company was founded in 2009 and is based in Oakland, California.
ThredUp operates by purchasing gently used clothing from individuals, verifying their quality, and reselling them online at discounted prices. Customers can shop for items on the ThredUp website or mobile app, where they can filter by brand, size, style, and other preferences. ThredUp also offers a variety of convenient features, such as free shipping and returns, personalized recommendations, and a Clean Out program where customers can send in their own gently used items to sell on the platform.
ThredUp has grown rapidly in popularity in recent years, particularly among environmentally conscious consumers who are looking for sustainable and affordable alternatives to traditional fast fashion. The company has also been recognized for its commitment to sustainability, with initiatives such as the “upcycling” of unsold clothing and the use of eco-friendly packaging materials.
ThredUp generates revenue through the sale of secondhand clothing and accessories, as well as through its Clean Out program, where customers can earn cash or credit for selling their gently used items. The company has raised significant funding from investors and has expanded its operations to serve customers throughout the United States.
Thredup Statistics
Here are a few of the most interesting Thredup statistics and facts I was able to dig up including user counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Thredup User Count
Number of Thredup users:
Last updated 1/1/22
Thredup Revenue Totals
Thredup revenue (annual):
- 2022: $288 million
- 2021: $251 million
- 2020: $186 million
- 2019: $163 million
- 2018: $129 million
Additional Statistics
Number of Thredup sellers:
428,000 million active sellers
Last updated 1/1/21
Number of items processed by Thredup distribution centers:
Last updated 1/1/21
Percentage of Thredup orders that come from repeat buyers:
Last updated 1/1/21
Percentage of Thredup listings that come from repeat sellers:
Last updated 1/1/21
Estimated amount of Thredup funding:
Last updated 8/21/19
Estimated value of Thredup:
Last updated 8/21/19
Average amount of new items added to Thredup daily:
Last updated 11/5/18
Number of brands on Thredup:
Last updated 1/1/21
Important Facts
- Website: Official Website
- Year Founded: 2009
- Headquarters: Oakland, CA
- Founder(s): James Reinhart, Chris Homer and Oliver Lubin
- Current Chief Executive: James Reinhart
- App Download (iOS)
- App Download (Android)
Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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