In just a year, Poshmark has doubled its revenues from $1 billion to $2 billion, signaling how quickly the resale market is growing. Across the internet, the resale market is blowing up. At the high ...
Poshmark, the peer-to-peer resale marketplace launched in 2011, has reached profitability but spends more than half its costs on marketing and customer acquisition, the initial public offering filings ...
Used clothes, it turns out, are worth a lot of money. Poshmark, which had a hotly-anticipated IPO last week, ended its first day of trading with a valuation of $7.4 billion. It’s a sign that the ...
In the announcement of Poshmark’s acquisition, the companies said the merger aims to combine “Poshmark’s unique discovery-based social shopping platform and deeply engaged community with Naver’s ...
Forbes contributors publish independent expert analyses and insights. I write about retail and the forces that are redefining shopping. Poshmark is thinking small. The social commerce resale giant has ...
Poshmark, a Redwood City, California-headquartered secondhand apparel marketplace, is laying off a proportion of its 800+ employees. The reduction is coming about two months after South Korean ...
So much for a year-end IPO slowdown. We’ll have more on the bloc of IPO news in coming posts, but as Poshmark has provided hard numbers and a fascinating business 2020 story, we’ll start here. The ...
Hi, my name is Christina and I’m addicted to Poshmark. It’s been three weeks since my last sale. It started innocently, as most bad habits do. I was cleaning out my exploding closet while my amused ...
A big part of Poshmark’s appeal is the social aspect — users are encouraged to leave comments under listings, and share other sellers’ “closets,” or profiles. In that way, it’s closer to ...
Join Maryam Hampton as she reviews her most disappointing hair care products of 2016. Find out why popular brands like Kenra, ...
Forbes contributors publish independent expert analyses and insights. I write about retail and the forces that are redefining shopping. In this photo illustration the Poshmark logo of a social ...