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1Stdibs.Com, Inc. - DIBS STOCK NEWS

Welcome to our dedicated page for 1Stdibs.Com news (Ticker: DIBS), a resource for investors and traders seeking the latest updates and insights on 1Stdibs.Com stock.

Overview of 1Stdibs.Com, Inc.

1Stdibs.Com, Inc. is a premier luxury online marketplace that connects design enthusiasts with sellers and makers of rare and desirable objects. Operating at the intersection of art, antiques, and contemporary design, the company serves as a sophisticated platform where collectors and buyers can discover and acquire exclusive items ranging from furniture and fine art to jewelry, watches, and fashion accessories. With a well-established curation process and strong industry relationships, 1Stdibs delivers an unparalleled shopping experience enriched with expert insights and a deep appreciation for aesthetics.

Business Model and Revenue Generation

The company operates a singular, cohesive marketplace, fostering commerce between well-regarded dealers and a global customer base. Its revenue model is grounded in transaction fees, marketplace services, and complementary advertising offerings. By leveraging its online platform, 1Stdibs ensures that every transaction reflects a commitment to quality and authenticity, making it a trusted intermediary in the luxury design space.

Market Position and Industry Relevance

Positioned uniquely within the luxury goods and design sector, 1Stdibs distinguishes itself through a blend of traditional expertise and entrepreneurial agility. With roots dating back to 2001, the company is often described as a 'mature start-up' that marries established industry credentials with the nimbleness to adapt quickly to changing market conditions. This dual capability enables 1Stdibs to continually refine its offerings and services, ensuring relevance in an industry that prizes both heritage and innovation.

Core Business Areas

  • Vintage & Antique Furniture: Curated collections of rare and historic pieces that appeal to collectors and interior designers.
  • Fine Art & Jewelry: A diverse array of art and exquisite jewelry that reflects both classic and contemporary tastes.
  • Home Decor & Fashion: An assortment of home accessories and fashion items that embody refined design sensibilities.

Community Engagement and Industry Impact

Beyond its marketplace functions, 1Stdibs plays an influential role in the global design community. Through initiatives like the annual 1stDibs 50, the company celebrates outstanding design talent and fosters deep industry connections. This not only highlights its commitment to quality but also strengthens the networks between design professionals and enthusiasts worldwide.

Competitive Landscape

While many platforms offer luxury goods, 1Stdibs sets itself apart by focusing exclusively on the top-tier end of the market. The company’s stringent curation process and deep industry expertise enable it to maintain a distinct edge over competitors. By consistently delivering value through quality and authenticity, it remains a trusted destination for collectors, designers, and buyers seeking timeless and innovative design.

Expert Insights and Operational Excellence

Under the stewardship of a seasoned executive team, including leadership with experience in major tech and digital transformations, 1Stdibs exemplifies operational excellence. This expertise is evident in the way the platform marries design trends with technological innovation, ensuring an engaging and reliable marketplace. The strategic integration of advanced digital tools and a robust online infrastructure enhances the user experience, making the platform intuitive and secure for conducting high-value transactions.

Conclusion

In summary, 1Stdibs.Com, Inc. stands as a highly curated, sophisticated marketplace that not only connects buyers with exquisite design pieces but also actively shapes the dialogue around global luxury and design. Its balanced approach—merging rich historical foundations with modern digital practices—ensures that it remains an indispensable resource for those who value timeless elegance and expert curation in the realm of luxury goods.

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1stdibs.com, Inc. (Nasdaq: DIBS) will announce its first quarter 2024 financial results on May 8, 2024. The company, a top marketplace for unique design items, will release the results before the market opens. An earnings webcast to discuss the results will be held at 8:00 a.m. Eastern Time on the same day, accessible via the company's Investor Relations website.
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1stDibs announces the 2024 1stDibs 50 list, honoring 50 visionary designers, with a focus on women-led firms and diversity. The list features 11 newcomers and 8 returning firms. The selection process involves meticulous evaluation by the 1stDibs editorial team, showcasing designers on 1stDibs.com. The annual award reflects the brand's commitment to supporting talent and sharing designers' work with a global audience.
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1stdibs.com, Inc. (DIBS) reported Q4 2023 net revenue of $20.9M, a 9% decrease YoY, with a gross profit of $15.0M. Full-year 2023 net revenue was $84.7M, a 13% decrease YoY, with a gross profit of $59.6M. The company's GAAP net loss for Q4 2023 was $2.9M compared to $6.9M in Q4 2022. Non-GAAP Adjusted EBITDA for Q4 2023 was $(1.7)M. CEO David Rosenblatt highlighted cost reduction efforts and a focus on profitability, while CFO Tom Etergino emphasized improved financial health and operating leverage. Recent business highlights include a new corporate headquarters lease in NYC. Q1 2024 guidance includes GMV of $83M-$90M and net revenue of $20.6M-$21.9M.
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Journey Health & Lifestyle Brands appoints Adam Karp as CEO, focusing on direct-to-consumer premium products for seniors. Adam brings vast experience from Lively Hearing, Inc. and other executive roles. Journey aims to enhance seniors' quality of life with innovative products and services.
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1stdibs.com, Inc. (NASDAQ: DIBS) appoints Everette Taylor, CEO of Kickstarter, to its Board of Directors. Taylor's leadership at Kickstarter and Artsy, along with his experience in marketing and executive roles, brings valuable expertise to 1stDibs.
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1stdibs.com, Inc. (Nasdaq: DIBS) is set to release its Q4 and year-end 2023 financial results on February 28, 2024, followed by an earnings webcast. The webcast will be accessible via the company's Investor Relations website, with a replay available for one year. Investors can access the press release on the 1stDibs Investor Relations website.
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1stDibs - 2023 Interior Designer Trends Survey Results: Sage Green Overtakes Emerald as Top Color Prediction for 2024, Earthy Tones and 1970s Bohemianism on the Rise
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1stdibs.com, Inc. (NASDAQ: DIBS) reported Q3 2023 financial results, including a 9% YoY decrease in net revenue to $20.7 million and a 2% YoY decrease in gross profit to $15.2 million. The company's GAAP net loss was $3.3 million compared to $9.0 million in Q3 2022. Non-GAAP Adjusted EBITDA was $(1.8) million, an improvement from $(5.5) million in the same period last year. Despite challenges in the luxury housing market, the company is focused on reducing costs and increasing efficiency to prepare for future demand.
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1stdibs.com to release Q3 2023 financial results
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FAQ

What is the current stock price of 1Stdibs.Com (DIBS)?

The current stock price of 1Stdibs.Com (DIBS) is $3.15 as of March 12, 2025.

What is the market cap of 1Stdibs.Com (DIBS)?

The market cap of 1Stdibs.Com (DIBS) is approximately 112.6M.

What is the core business of 1Stdibs.Com, Inc.?

1Stdibs.Com, Inc. operates as an online marketplace that connects design enthusiasts with sellers and makers of rare and desirable items, including furniture, art, jewelry, and fashion.

How does 1Stdibs generate revenue?

The company earns revenue primarily through fees associated with its seller marketplace services as well as revenue from complementary advertising services, ensuring a sustainable transactional ecosystem.

What distinguishes 1Stdibs from other online marketplaces?

1Stdibs stands out due to its stringent curation process, a balanced blend of heritage and entrepreneurial agility, and a focus on luxury vintage, antique, and contemporary design pieces.

How long has 1Stdibs been operating in the market?

1Stdibs has been active since 2001, establishing itself as a mature start-up that combines extensive market experience with the dynamism of an agile enterprise.

What categories of products are featured on 1Stdibs?

The platform features a wide range of luxury products including vintage and antique furniture, fine art, jewelry, watches, home decor, and fashion accessories.

How does 1Stdibs support the design community?

1Stdibs actively engages with the design community through initiatives like the 1stDibs 50, which recognizes outstanding design talent and fosters global industry connections.

Who are the primary customers of 1Stdibs?

Its customers include sophisticated collectors, interior designers, and design enthusiasts who seek exclusive, high-quality pieces that reflect timeless elegance and innovation.

How does 1Stdibs maintain trust and authenticity in its offerings?

The company employs a rigorous vetting process and expert curation, ensuring that every transaction and product listing meets high standards of quality and authenticity.
1Stdibs.Com, Inc.

Nasdaq:DIBS

DIBS Rankings

DIBS Stock Data

112.58M
30.64M
11.71%
65.4%
1.09%
Internet Retail
Retail-catalog & Mail-order Houses
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United States
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