Marcie Vu, former Head of Consumer Tech Group at Qatalyst, Joined thredUP's Board
"Marcie has spent decades providing strategic advice to industry pioneers and category leaders. With deep expertise supporting companies through the advent of ecommerce, she's well positioned to help thredUP capitalize on the large and growing market opportunity in online resale. This experience will be invaluable as we continue to fulfill our mission to inspire a new generation of consumers to think secondhand first," said
Vu has over 20 years of investment banking experience and was previously Head of the
"As a newly-public company, thredUP welcomes Marcie's proven history of helping to build and scale consumer technology companies by focusing on delivering a stellar customer experience. I'm confident that she will uplevel the team's ability to think strategically and identify new growth opportunities that will help us achieve our ambitious goals around transforming resale," said
"When I visited thredUP's distribution center in
She holds a B.S. in Economics from the
thredUP is transforming resale with technology and a mission to inspire a new generation of consumers to think secondhand first. By making it easy to buy and sell secondhand, thredUP has become one of the world's largest resale platforms for women's and kids' apparel, shoes and accessories. Sellers love thredUP because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. In 2018, we extended our platform with thredUP Resale-As-A-Service (RaaS), which facilitates modern resale for a number of the world's leading brands and retailers. thredUP has processed over 100 million unique secondhand items from 35,000 brands across 100 categories. By extending the life cycle of clothing, thredUP is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.
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