Strong Revenue Growth:
GMV reportedly more than doubled from around $3B in 2024 to $6–8B in 2025, with independent estimates placing 2025 revenue near $1B. App adoption accelerated with record U.S. downloads into 2026, supporting top‑of‑funnel growth.
Investor Backing & Capital Strength:
Two later‑stage financings in 2025—$265M Series E and $225M Series F—lifted valuation from roughly $5B to about $11.5B. Such up‑rounds are portrayed as investor confidence in continued scale.
Market Expansion:
The company expanded beyond collectibles into categories like fashion and electronics and moved into new geographies such as the U.K. and Europe. App rankings and downloads in late 2025–early 2026 indicate growing reach.
