Secondhand clothing platform thredUP began trading after pricing its initial public offering (IPO) at the high end of the expected range amid formidable demand from investors. In omnicommerce, consumers’ use of digital and mobile wallets has soared in the last three years and has only been accelerated by the pandemic. And in payment methods, debit card usage has been on the rise since the start of the pandemic. All this, Today in Data.
Data:
$190M: Approximate amount of total revenue thredUP reported for 2020.
100K: Number of unique items thredUP says it can process per day.
60%: Share of consumers who want to use touchless payments in stores.
52%: Share of global eCommerce payments to be made via digital and mobile wallets by 2023.
15%: Net increase in debit card usage since the pandemic began.
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