Poshmark, Inc.

Poshmark, Inc.

POSH

POSHPoshmark, Inc. US flag

NASDAQ Global Select

17.90

USD

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Poshmark, Inc.

POSH

(NASDAQ Global Select)

Recent

price

17.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

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Business: Poshmark, Inc. operates as a leading social commerce marketplace specializing in the fashion resale industry. The company offers a platform where users can buy and sell new and secondhand apparel, footwear, accessories, beauty products, home decor, and pet items. Poshmark's core offerings include a dynamic marketplace supported by real-time social experiences such as live shopping events, curated themed sales, and interactive community features. The platform serves a diverse customer base including individuals seeking sustainable fashion options and sellers leveraging Poshmark's tools to increase sales and engagement. Founded in 2011 and headquartered in Redwood City, California, Poshmark operates primarily in the United States, Canada, Australia, and India. It functions as a subsidiary of South Korean internet conglomerate Naver Corporation following a $1.2 billion acquisition finalized in January 2023. Poshmark continuously enhances its platform by integrating advanced technologies such as NAVER’s AI-powered image search known as "Posh Lens" and expanding seller marketing tools like "Promoted Closet," which drives significant sales increases for its sellers. Recent major developments include a strategic partnership with Loop in early 2025 to facilitate resale of non-returnable items, turning missed returns into resale opportunities, thus promoting sustainability and supporting a circular economy. In mid-2025, Poshmark partnered with Klarna to enable users to list past Klarna purchases directly on the platform, enhancing resale accessibility. The company also launched "Posh Party LIVE," a next-generation virtual shopping experience combining live selling and curated listings to amplify buyer and seller engagement. Additionally, CEO and co-founder Manish Chandra stepped down from his role in August 2025, transitioning to a strategic board position, marking a significant leadership change. Poshmark generates revenue predominantly through transaction fees and value-added seller services within its social marketplace environment. Its platform combines technology-driven discoverability with a community-driven commerce experience, targeting consumers interested in fashion resale, sustainable shopping, and social interactions around apparel and lifestyle products. Poshmark’s operations emphasize digital innovation and expanding the resale market footprint across multiple geographic regions. Overall, Poshmark is recognized as a major player in the global fashion resale industry, driven by innovative technology, strategic partnerships, and a robust community-oriented business model, with headquarters in Redwood City, California, and a founding year of 2011.

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