ThredUp Reports 2024 Financial Results, $40M Loss

ThredUp Inc. reported a quarterly revenue of $67.3 million for Q4 2024, marking a 9% year-over-year increase, despite a 6% decrease in active buyers. The company is optimistic about leveraging infrastructure investments for growth in 2025 while addressing profitability targets. Meanwhile, Curaleaf Holdings, a cannabis provider, announced fourth quarter revenue of $331 million, showing slight sequential growth but a 4% year-over-year decrease. Curaleaf aims to stabilize its operations and pursue organic growth through its 'Return to our ROOTS' initiative. In contrast, Corbion achieved organic sales growth and surpassed its financial targets, indicating strong performance in health & nutrition sectors. The company expects continued growth in 2025, although it noted a slight decline in pricing for some products.