All StockX articles

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    Article

    StockX’s value surges to $3.8 billion

    2021-04-09T12:59:00Z

    StockX , the American online market for sneakers, raised $195 million in a secondary tender offering by some of its employees’ shares and an additional $60 million in Series E-1 primary shares at a $3.8 billion valuation. Altimeter Capital led the all-cash offer, with the participation of existing investors ...

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    News briefs

    Women’s sneakers are booming on StockX

    2021-02-11T17:46:00Z

    StockX has released a report on the resale market’s evolution since the company’s founding, in February 2016. Men’s sneakers continue to dominate resales, but the resale of women’s sneakers has been growing at a faster rate, having multiplied by a factor of 1,500 since the start. StockX says it ...

  • Article

    The momentum keeps going for StockX

    2021-01-14T15:15:00Z

    StockX , the online reseller for sneakers and other cult products, said it recorded $1.8 billion in gross merchandise value (GMV) in 2020, which compares with about $1.0 billion in the previous year. It concluded more than 7.5 million trades. More than 200 million people visited the marketplace, and the ...

  • News briefs

    New funding round values StockX at $2.8bn

    2020-12-17T16:56:00Z

    StockX , the online reseller of sneakers and other cult products, has raised an additional $275 million in a Series E funding round that values the Detroit-based company at $2.8 billion. StockX says its sales were up by 75 percent to more than $100 million in the third quarter, leading ...

  • News briefs

    StockX booms over Cyber Weekend

    2020-12-03T17:55:00Z

    This year StockX enjoyed its best Cyber Weekend ever. The daily gross merchandise value (GMV) for the period averaged a growth of 100 percent year-on-year. Black Friday’s rate of one trade per second rose at times in the subsequent days to as much as three per second. The website ...

  • Article

    eBay to certify sneakers, like StockX and others

    2020-10-13T17:25:00Z

    Joining the likes of StockX , the online resale exchange for sneakers and streetwear, eBay will be testing all new and used sneakers sold on its platform in the U.S for $100 or more from this month onward to ensure that they are genuine. Those that pass will receive ...

  • Article

    Goat, the sneaker reseller, is valued at $1.75 billion as it raises more funds

    2020-09-25T15:47:00Z

    With the resale market being as hot as ever, no doubt due partly to the increasing role that the internet is playing, the U.S.-based Goat Group closed an additional Series E funding round $100 million, saying that it was intended to accelerate its development across product categories and geographies. ...