Why it belongs in ORBIS
US online luxury consignment marketplace founded 2011 by Julie Wainwright, headquartered in San Francisco; authenticates and resells designer goods from clothing to fine jewelry and watches. Publicly traded (NASDAQ: REAL) since 2019.
The RealReal was founded in 2011 by Julie Wainwright and is headquartered in San Francisco. It operates as an online (and, in select cities, physical-store) marketplace for authenticated pre-owned luxury goods - designer clothing, handbags, jewelry and watches - vetted by in-house authentication experts before resale. Wainwright took the company public on NASDAQ in 2019 under the ticker REAL; by late 2023 it reported more than 38 million members and had sold roughly 40 million items cumulatively.