What The RealReal's $300 Million IPO Means for the Resale Market

Jun 28, 2019 · Luxury consignment shop The RealReal made a triumphant debut today on the Nasdaq, becoming the first player in the resale market to go public. It priced its shares at $20 each, above the ...

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What The RealReal's $300 Million IPO Means For The Resale Market

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footwearnews.com

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The RealReal IPO: First Startup From Resale’s New Wave To Go

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Jun 28, 2019 · While The RealReal’s gross merchandise value was only $710.7 million in 2018, investors understand the market opportunity, which The RealReal’s CFO Matt Gustke put at …

forbes.com

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What The RealReal’s $300 Million IPO Means For The Resale Market …

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Jun 28, 2019 · Wall Street just got a bit more Real.

yahoo.com

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The RealReal Dazzles In Stock Market Debut | CNN Business

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Jun 28, 2019 · Shares of resale website The RealReal soared in their stock market debut Friday. The stock was last trading for about $28 a share — 40% above the company’s $20 IPO pricing.

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The RealReal Scores $1.7 Billion IPO Valuation - WWD

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Jun 28, 2019 · The IPO raised $300 million. The company starts trading Friday on the Nasdaq under the ticker symbol “REAL,” anchoring its place in an expanding market for personal …

wwd.com

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RealReal IPO Prices High, Stock Pops For Pre-Owned Luxury Goods ...

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Jun 28, 2019 · RealReal stock jumped more than 50% Friday, with an initial public offering that raised $300 million.The RealReal IPO sold 15 million shares at 20 each, above the expected …

investors.com

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The RealReal Brings Resale To Wall Street - WWD

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Jul 1, 2019 · Investors pushed the resale site’s market value to $2.4 ... which came in above the $17 to $19 projected and raised $300 million, ... That doesn’t mean that luxury consumers are …

wwd.com

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Luxury Second-hand Site The RealReal Sees Stock Jump 45% After IPO

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Jun 28, 2019 · On Thursday, the initial public offering of 15 million shares was priced at $20 a share, above an expected range of $17 to $19 a share. That would raise $300 million before …

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The RealReal Raises $300M In Nasdaq Debut, Shares Skyrocket

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Jun 3, 2019 · The company garnered $300 million, at $20 for each of the 15 million shares it sold to institutional investors, after pricing its debut above its previous $17 to $19 range. ... with net …

retaildive.com

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The RealReal Shares Rise On Heels Of $300 Million IPO Debut

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Jun 28, 2019 · While the market is intrigued, RealReal isn't yet profitable, posting a $23 million loss on $69 million revenue in the first quarter 2019. ... The RealReal Shares Rise on Heels of …

fortune.com

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Luxury Reseller The Realreal Rises After $300 Million Ipo

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Indeed, in its recent U.S. initial public offering (IPO), eCommerce luxury reseller luxury reseller the realreal rises after $300 million ipo The RealReal Inc. has notched $300 million. The company …

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5 Things To Know About Newly-public Luxury Secondhand Retailer …

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Jun 21, 2019 · The company set an initial public offering price of $20 a share, above its range of $17 to $19 a share, expecting to raise up to $300 million for a valuation above $1.6 billion. …

marketwatch.com

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The RealReal IPO: We Have Some Questions - The Verge

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Jun 6, 2019 · The RealReal’s revenue grew 55 percent in 2018 to $207.4 million, from the year before. But The RealReal lost $75.8 million overall in 2018, also an increase over the $52.3 …

theverge.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about What The RealReal's $300 Million IPO Means for the Resale Market Coupon?

How much is The RealReal worth?

Luxury online consignment shop The RealReal raised $300 million in an initial public offering on Friday. The company, which filed to go public on May 31, priced its shares at $20 apiece on Thursday night, above the expected range of $17 to $19. They closed at $28.90, up 44.5%, which gives The RealReal a market cap of $2.39 billion. ...

Is the RealReal a leader in luxury resale?

Investors recognize that “we’re clearly the leader in our space,” Gustke says. “We’re synonymous with luxury resale.” Founder Julie Wainwright during The RealReal's IPO on Friday, June 28, 2019. Photographer: Michael ... [+] ...

Why do millennials buy from The RealReal?

Among The RealReal’s own consignors, 56% count environmental impact or extending the life cycle of luxury items as a key reason they sell with the company, it wrote in its filing. For the company’s Millennial consignors, that figure was 64%. ...

Is the RealReal a reselling startup?

But Jane Hali, CEO of retail investment research firm Jane Hali & Associates, feels The RealReal is ahead of the curve. It is the first reselling startup of this generation to go public, meaning it is the one setting the pace. (There is speculation that Poshmark will go public this fall.) ...

Is resale a millennial trend?

The RealReal is also capitalizing on another trend, one that is fueling the interest in resale: an increased focus on sustainability, especially among Millennial and Gen Z consumers. More than 50% of Gen Z have bought or sold items secondhand, according to a BCG-Altagamma report. ...

Will the RealReal deliver profitable growth in 2024?

“We believe our strong brand recognition, coupled with our growing technology and data capabilities, position us to deliver profitable growth in 2024,” he continued. At the top of its range, The RealReal is guiding on $1.9 billion in GMV, $605 million in revenues, and $8 million in adjusted EBITDA in 2024. ...