Core Insights - In 2025, small-cap growth stocks, particularly in the e-commerce sector, experienced significant rebounds due to strong consumer spending, with U.S. e-commerce holiday sales projected to increase by 7% to 9% [1] Company Overview - ThredUp (TDUP) has transformed from a niche retailer into a growing resale infrastructure business, with shares surging approximately 340% in 2025 as investors recognized its improving revenue trends and path to profitability [2][5] - Founded in 2009, ThredUp is a leading online marketplace for secondhand women's and children's apparel, utilizing a tech-enabled consignment model and offering "Resale-as-a-Service" for brands [4] Financial Performance - ThredUp's market capitalization is valued at $780 million, with stock prices rising from about $1.4 per share in January 2025 to around $6.2 by December, marking a year-to-date gain of 339% [5] - The stock trades at a trailing price/sales ratio of 2.6× and an EV/sales of 2.7×, which is below the median of 4× for consumer companies, indicating a potentially undervalued position relative to peers [6] Growth Potential - With increasing shopper activity and expectations for its first profitable quarter, ThredUp is viewed as a potential long-term growth stock, although concerns remain about whether the current stock rally has further upside [3]