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Poshmark is shuttering some overseas operations and paying greater attention to America's recommerce market. “In order to focus on Poshmark's North America business and drive meaningful growth in its core markets of the United States and Canada, the company has made the difficult decision to close the Poshmark marketplace in Australia, India, and the U.K.
Poshmark CEO Manish Chandra joins Yahoo Finance anchors Brooke DiPalma and Josh Schafer to the impact of the trend behind e-commerce sales, noting Taylor Swift items on the site are up 57 percent year-over-year while Barbie items have risen a staggering 340 percent. Chandra notes the continued success of female-driven brands, explaining “we believe it's here to stay at least for a period of time.
Poshmark CEO Manish Chandra spoke with Yahoo Finance anchors Seana Smith and Allie Canal about Poshmark including trends, live streaming, experiences, Posh lens, influencers, micro communities, demographics and more.
Leading fashion resale marketplae Poshmark today announced the launch of Posh Shows, live shopping powered by a vibrant community and real-time social experiences.
Fashion resale platform Poshmark has entered the world of livestream shopping. The company Wednesday (April 5) debuted Posh Shows, which allows people to livestream on the site for the first time.
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 internet firm Naver completed its acquisition of the company earlier this year for $1.2 billion.
Naver has completed its previously announced acquisition of Poshmark and aims to grow it globally. The Korean internet company said in a Thursday (Jan.
Poshmark (POSH) delivered earnings and revenue surprises of -11.11% and 1.97%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Plus a look at the fundamentals of value investing.
South Korean internet conglomerate Naver Corp (KR:035420, US:NHNCF) said early Tuesday that it agreed to buy social commerce marketplace Poshmark (US:POSH cnx.cmd.push(function() {var videoId = decodeURIComponent(""); cnx({ playerId: "0a52d238-33b5-4c04-ba5e-323e192cfbe8", mediaId: videoId}).render("b8b49474e42e4a61905a1353db504ac9"); });) for $17.90 per share in cash, or about $1.6 billion.