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How ThredUp Plans to Spend $175 Million in New Funding

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Resale website ThredUp has received a whopping $175 million infusion of funding, which the company has vowed to use to fund partnerships with brick-and-mortar retailers. The announcement comes after last week’s news that Macy’s and J.C. Penney will be working with the San Francisco-based e-commerce startup on programs meant to draw in younger shoppers. ThredUp’s latest…

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