Poshmark launched a new tool that lets shoppers search using photos, helping those who have a vision but not the words to describe an item. “Posh Lens makes it easier than ever to discover styles, offering a simple and quick Read more
Poshmark announced a new paid-ad feature called Promoted Closet, which is in beta testing. The move toward offering more ads on Poshmark is no surprise after Naver acquired the ecommerce platform last year for $1.2 billion. At the time Poshmark Read more
Poshmark has over 80 million registered users across 90% of zip codes in the US, and its new owner is looking to consumer selling and “livestreaming commerce” for growth. We reported in October that Korean company Naver Corp. was acquiring Read more
After withdrawing its bid for eBay’s Korean subsidiary last year, Naver announced today it’s acquiring shopping site Poshmark for $1.2 billion. Poshmark will become a standalone US subsidiary of Naver, continuing to operate under the Poshmark brand. Naver’s CEO Choi Read more
