Strong Revenue Growth:
Revenue is described as nearing roughly $1 billion in 2025 while live-sales GMV more than doubled from about $3 billion in 2024 to $6–8 billion by 2025–mid‑2026. Reporting also highlights milestone order volume and strong seasonal spikes that align with this acceleration.
Market Expansion:
The company is expanding beyond collectibles into fashion, beauty, electronics, and other categories, and has grown across the U.S., U.K., Europe, and Australia. An acquisition to enhance real‑time recommendations and the launch of dozens of new categories underscore a widening footprint.
Investor Backing & Capital Strength:
Successive late‑2025 rounds lifted valuation from roughly $5 billion to about $11.5 billion, with substantial capital raised to fund further scale. This up-round trajectory is presented as clear investor confidence in the growth plan.
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