Old Clothes, New Strategies: ThredUP’s Evolution

ThredUP, the self-proclaimed “world’s largest fashion resale marketplace,” began as a pure multi-sided platform, matching sellers with buyers to trade their clothing directly. In an effort to create a better experience and more value for both sides, ThredUP pivoted to a consignment model taking more control over transactions (and, subsequently, more risk). The risk appears to be paying off as its latest “Resale-as-a-Service” launch allows brands and retailers to directly plug into the ThredUP platform to fuel their own businesses.

Klarna: One-click Wonder or International Online Banking Powerhouse?

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Since first appearing on the e-commerce scene in 2005, this Swedish company has been exacerbating online shopping addictions and helping retailers combat #cartabandonment. With 60 million unique customers, flexible payment options, a vault of transaction data, and a new shiny banking license, Klarna has big plans on the horizon.