ThredUp has announced Q1 2021 revenue of $55.7 million, up 15% year-on-year, and gross profit of $39.7 million, up 21.7% y-on-y. The company also reported a Q1 adjusted EBITDA loss of $9.1 million, 16.4% of revenue, and it’s GAAP net loss increased y-on-y from $13.2 million in Q1 2020 to $16.2 million in Q1 2021.

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