RealReal, Inc. (REAL) Stock
Fundamentals
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About RealReal, Inc.
The RealReal is the largest pure-play luxury resale platform in the US, generating $1.8 billion in 2024 gross merchandise volume and addressing a niche (personal luxury resale) that had previously been serviced by inefficient upscale boutiques and local pawn shops. The company generates revenue via consignment and first-party sales on its online marketplace, and through a small volume of direct sales. With a hands-on approach that actively sources inventory and authenticates every item on its platform, The RealReal is able to justify much higher take rates than peers, working out to roughly 36% of net merchandise value in 2024, which excludes returns, cancellations, and first-party sales.
Key Executives
| Name | Title | Year Born |
|---|---|---|
| Ms. Rati Sahi Levesque | President, CEO & Director | 1981 |
| Mr. Ajay Madan Gopal | Chief Financial Officer | 1975 |
| Mr. Luke T. Friang | Chief Technology & Product Officer | 1971 |
| Mr. Todd A. Suko J.D. | Chief Legal Officer & Secretary | 1967 |
| Mr. Ming Lo | Senior VP, Chief Accounting Officer & Corporate Controller | — |
| Ms. Tiffany Stevenson | Chief People Officer | — |
| Mr. Frank Zhu | Chief Analytics Officer | — |
| Jessica Fortier | Senior Vice President of Operations | — |
| Samantha McCandless | Chief Merchandising Officer | — |
| Mr. Robert Burris | Senior Vice President of Talent | — |



