ThredUp is an American online consignment and thrift store founded in 2009 by James Reinhart, Oliver Lubin, and Chris Homer. Headquartered in Oakland, California, the company is publicly traded on the NASDAQ. ThredUp is one of the largest online resale platforms for secondhand clothing, shoes, and accessories, processing tens of millions of items annually through its proprietary operating platform.
The platform operates on a managed marketplace model, where sellers ship their items to ThredUp distribution centers using a prepaid Clean Out Kit. ThredUp's team inspects, photographs, prices, and lists accepted items. Sellers receive a payout when items sell. The platform carries over 55,000 brands across women's and children's clothing, ranging from everyday labels to premium and luxury brands.
ThredUp offers standard shipping for a flat fee, with free shipping promotions available periodically. Orders over a certain threshold often qualify for free shipping. The platform provides a 14-day return window for store credit on most items. ThredUp also operates a Resale-as-a-Service (RaaS) platform that powers branded resale shops for retailers including Walmart, Gap, J.Crew, and Reformation.
The company publishes an annual Resale Report that tracks the growth of the secondhand market. ThredUp reports that buying secondhand reduces carbon emissions by approximately 82% compared to buying new. The platform features filtering by size, brand, condition, price, and color, making it easier to find specific items among its large and constantly rotating inventory.