News Formal

We visited The RealReal in advance of its IPO and saw why its leading the luxury resale market

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The RealReal is expected to price its IPO on Thursday, positioning it as the first resale company to go public.

The RealReal — a San Francisco-based online luxury consignment retailer — is expected to price its IPO on Thursday, positioning it as the first resale company to go public. The company's anticipated valuation of $1.5 billion points to a growing demand for luxury resale goods as U.S. consumer demand grows within a $6 billion market. We visited one of The RealReal's brick-and-mortar locations to see how the reseller has excelled in the business of luxury consignment.

The RealReal — a San Francisco-based online luxury consignment retailer — is expected to price its IPO on Thursday, positioning it as the first resale company to go public. The company's anticipated valuation of $1.5 billion points to a growing demand for luxury resale goods as U.S. consumer demand grows within a $6 billion market. We visited one of The RealReal's brick-and-mortar locations to see how the reseller has excelled in the business of luxury consignment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Something is happening in the market that long-time bull Jim Paulsen hasn't seen beforeFear is overwhelming a market that's likely grinding higher, Wall Street bull Jim Paulsen says (via TradingNation)
Source: CNBC - 🏆 12. / 72 Read more »

Chip-maker shares lead early stock-market gains after Micron resultsU.S. stocks claw back some of the previous day’s loss in early trade Wednesday as semiconductor shares scored a bounce from Micron Technologies’s... Lies.. Damn Lies from Mnuchin! Dead Cat Jump for the Stocks! Key word “WAS”
Source: MarketWatch - 🏆 3. / 97 Read more »

Roku’s Lead In Connected-TV Market Share Will Grow To 70% By Year-End – ReportRoku’s streaming TV platform accounted for more than 30% of U.S. sales of connected-TV devices in the first quarter and its lead over the No. 2 provider, Sony PlayStation, will reach 70% by the end… I love my Roku! Couldn't do my work without it.
Source: DEADLINE - 🏆 109. / 63 Read more »