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How tariffs and AI are giving secondhand platforms like ThredUp a boost

1. ThredUp's warehouse processes 40,000 used clothing pieces daily. 2. Secondhand apparel market projected to reach $367 billion by 2029. 3. ThredUp's revenue grew 34% year over year in Q3. 4. Tariffs increase retail prices, favoring resale platforms. 5. AI technology enhances garment processing and customer experience.

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FAQ

Why Bullish?

ThredUp's strong revenue growth and positive margins position it well against market trends.

How important is it?

The article highlights ThredUp's solid growth and market position, which influences investor sentiment.

Why Short Term?

Immediate demand for secondhand items can boost ThredUp's sales rapidly due to tariffs.

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