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The RealReal Posts 51% Growth in November Gross Merchandise Value

11:08AM ET 12/02/2021 MT Newswires
The RealReal (REAL) on Thursday reported gross merchandise value of about $146 million in November, up 51% from a year earlier and 46% higher versus 2019.

The increase was driven in part by Black Friday through Cyber Monday. The company said it achieved its largest single day of gross merchandise value during Black Friday.

The average order value during the month was $514, a 17% growth from a year earlier, with watches and handbags as the fastest growing categories.

Shares in the online marketplace for resale luxury goods were modestly higher in recent morning activity Thursday.

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