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StockX reports record growth in 2020 after closing 7.5 million trades
3 days ago | By Fashion United
StockX, the global resale platform for sneakers, streetwear and collectables, reports making 1.8 billion US dollars in gross merchandise value, as it closes more than 7.5 million trades in 2020.
The record growth follows a 275 million US dollar Series E funding round announced in December 2020, led by Tiger Global, which valued the platform at 2.8 billion US dollars post-money.
During last year alone, StockX received 200 million visitors and reported that its global active buyers were up by more than 90 percent year-on-year. The number of active sellers located outside the US in Europe and...
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