Ralph Schackart

Austin Riddick

Mark Mahaney

Nicholas Jones

Luke Edward Meindl

- 1stdibs.Com Inc operates a two-sided marketplace for luxury design, connecting roughly **6,000 professional sellers** with **2 million individual listings** to consumers and interior designers.  **[1600641_tx_375172_1]**  Since its inception around **February 2001**, the company has facilitated over **$3 billion** worth of transactions across more than **1 million orders**.  **[1600641_tx_375172_1]** 
- For Q2, the company reported **$90 million** in GMV, **$22 million** in revenue, and an adjusted EBITDA loss of **negative $1.8 million**.  **[1600641_tx_375172_4]**  The business maintains high gross margins of north of **70%** and contribution margins approaching **60%**.  **[1600641_tx_375172_2]** **[1600641_tx_375172_4]** 
- Despite a double-digit shrinking market, particularly in furniture, 1stdibs has maintained flat GMV and revenue over the last five quarters, indicating market share gains.  **[1600641_tx_375172_4]**  The company's average order value (AOV) is over **$2,500**, significantly higher than other luxury online marketplaces.  **[1600641_tx_375172_2]** 
- The company's strategy focuses on achieving profitability even without a market recovery, optimizing its cost structure, and leveraging AI/machine learning for pricing recommendations and customer service.  **[1600641_tx_375172_4]** **[1600641_tx_375172_8]**  It also plans to expand brand awareness and customer acquisition through increased focus on social media channels.  **[1600641_tx_375172_7]**

1stdibs.com (DIBS)