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Discover Ludwig"is thriving" is a correct phrase in written English.
You can use it to describe a situation where something or someone is doing very well or growing rapidly. For example, "The company's new product line is thriving in the market."
Dictionary
is thriving
verb
To grow or increase stature; to grow vigorously or luxuriantly, to flourish.
Exact(59)
He is thriving.
INDUSTRIAL art is thriving.
Tourism is thriving.
Goldman is thriving.
Competition is thriving too.
Fox News is thriving.
It is thriving.
Still, broadcasting is thriving.
She is thriving.
Now it is thriving.
ReprintsYet Reno is thriving.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com