Buy Low-Tops, Sell High-Tops: StockX Sneaker Exchange Is Worth $1B

Re:Buy Low-Tops, Sell High-Tops: StockX Sneaker Exchange Is ... by knd775 on Wednesday June 26, 2019 @02:33PM (#20287812)

The transaction fees on sneaker sales (by far their largest segment) are between 8% and 9.5% depending on seller volume. Since StockX authenticates every shoe, that eats up a bit of that fee. The point of your comment mostly still stands, but I wanted to mention some real numbers.