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ThredUp fashion marketplace offloads its European business, Remix | TechCrunch

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Summary
Nutrition label

76% Informative

Secondhand clothing and accessories company ThredUp buys Bulgarian startup Remix for $1.3 billion .

The company bought Remix for 91% of the common stock in a new entity called Remix US Holdings .

The purchase price might seem low, but there is a big debt element at play here, too.

VR Score

69

Informative language

64

Neutral language

36

Article tone

semi-formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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