ThredUp looks to raise up to US$168mil via US listing


NEW YORK: Goldman Sachs-backed ThredUp Inc is looking to raise up to US$168mil (RM689.69mil) through a US initial public offering (IPO), a regulatory filing by the online resale clothing firm showed.

The company said it planned to sell 12 million shares, priced at between US$12 per share and US$14 per share, fetching a valuation of around US$1.3bil at the upper end of the range.

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