Whois & Analysis for thredup.com

thredUP is a fashion resale website for consumers to buy and sell secondhand clothing online.

thredUP is part of a larger Collaborative Consumption movement, which encourages consumers to live in a more collective, sharing economy.

Other U.S. companies in the recommerce industry with thredUP include Gazelle, uSell, Nextworth, and The RealReal.

thredUP is advised by current Netflix CEO Reed Hastings and former eBay CEO, Brian Swette.

Trinity Ventures, Redpoint Ventures and Highland Capital Partners have invested in the company.

A charity shop or thrift shop is a retail establishment run by a charitable organization to raise money.

Charity shops are a type of social enterprise.

They sell mainly used goods such as clothing, books, CDs, DVDs and furniture donated by members of the public, and are often staffed by volunteers.

Because the items for sale were obtained for free, and business costs are low, the items can be sold at competitive prices.

After costs are paid, all remaining income from the sales is used in accord with the organization's stated charitable purpose.

Costs include purchase and/or depreciation of fixtures (clothing racks, bookshelves, counters, etc), operating costs (maintenance, municipal service fees, electricity, heat, telephone, limited advertising) and the building lease or mortgage.

A secondhand or used good is one that is being purchased by or otherwise transferred to a second or later end user.

A used good can also simply mean it is no longer in the same condition as it was when transferred to the current owner.

When "used" means an item has expended its purpose (such as a used diaper), it is typically called garbage, instead.

Used goods may be transferred informally between friends and family for free as hand-me-downs, or they may be sold for a fraction of their original price at garage sales or in church bazaar fundraisers.

Governments require some used goods to be sold through regulated markets, as in the case of items which have safety and legal issues, such as used firearms or cars; for these items, government licensing bodies require certification and registration of the sale, to prevent the sale of stolen, unregistered, or unsafe goods.

As well, for some high-value used goods, such as cars and motorcycles, governments regulate used sales to ensure that the government gets its sales tax revenue from the sale.