StockX Gets Boost from Electronics Sales
StockX reported a 90% increase in gross merchandise value (GMV) going through its marketplace for the first half of 2021, led by 250% growth from electronics such as gaming consoles and video games, a category it entered last fall to capitalize on the Xbox X and PlayStation 5 scarcity. The online reseller also touted a 100% increase in international buyers and a 90% gain in those aged over 45. Total lifetime buyers hit 1.6 million as of June 30, while the number of lifetime sellers went up to one ... Log in to view full article.