About StockX
StockX is an online marketplace to buy and sell limited edition and high demand sneakers.
Headquarters
StockX, Detroit
Founded
2015-03-01
Industry
E-Commerce, E-Commerce Platforms, Marketplace, Non-Fungible Token (NFT), Sales, Shoes
Last Funding Type
Secondary Market
Valuation
23
Total Funding
$690.00 million dollars
IPO Status
Private
Financial
StockX may be growing as indicated by the company's annual report, which reveals the fastest-growing brands and makes predictions for the upcoming year, suggesting an ongoing analysis and understanding of market trends. The year-end report for 2023 highlighted massive growth for brands like Asics, Ugg, and On on the StockX platform, demonstrating an increase in sales and possibly an expansion of the company's product offerings. Furthermore, StockX's investment in anti-counterfeiting measures and efforts to protect brand integrity, as detailed in their Brand Protection & Customer Trust Report, implies a commitment to improving customer trust and service quality, which are essential for the growth of an online marketplace.
StockX released a report ahead of World Anticounterfeiting Day, revealing it stopped over 40,000 suspected fake sneakers from entering the market in the past year. Additionally, the company highlighted its verification metrics, rejecting more than 400,000 products. StockX is also hosting a sample sale featuring over 400 sneakers, apparel, and collectible items at up to 40% off market price.
StockX released a report ahead of World Anticounterfeiting Day, revealing it stopped over 40,000 suspected fake sneakers from entering the market in the past year. Additionally, the company highlighted its verification metrics, rejecting more than 400,000 products. StockX is also hosting a sample sale featuring over 400 sneakers, apparel, and collectible items at up to 40% off market price.
Funding Rounds
10
Number of Lead Investors
8
Total Funding Amount
$690.00 million dollars
Number of Investors
32