Poshmark
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Poshmark cash flow positive, on track for $100 million revenue
Poshmark, the fashion resale social network, is on track for $100 million in revenue this year, TechCrunch has learned. We hear the company reached $50 million in revenue last year, which means they are on pace to double in 2017. The company also recently became cash flow positive, with profitability on an Ebitda basis. This is a commonly used, but adjusted… Read More
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Poshmark CEO Manish Chandra on moving from enterprise businesses to social shopping
Manish Chandra is founder and CEO of Poshmark. As a serial entrepreneur, he also founded Kaboodle in 2005, one of the industry’s first social shopping sites, that was acquired by Hearst, and prior to that, he served in executive roles at several foundational technology companies. Read More
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Sell your clothing and electronics with these apps
Are you looking to clean out your closet and make money while doing it? You no longer have to haul your used items to a consignment shop. A number of apps have made selling used things easier than ever, and we’re not talking about eBay. TechCrunch tested out and chose our favorite apps for spring cleaning. Poshmark Poshmark is basically an Instagram for selling your clothing. Take a photo… Read More
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Poshmark raises $25 million for its fashion resale marketplace
Poshmark, the site for buying and selling women’s fashion, has announced that it has raised $25 million in a round led by GGV Capital. Hans Tung, managing partner at GGV Capital is joining the company’s board of directors. Attracting 1.5 million sellers since its launch, Poshmark has found a niche in the clothing resale business, with an app that makes cleaning out your closet… Read More
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Fashion Marketplace Poshmark Raises $25 Million More, Heads To Apple Watch
Three years ago, fashion marketplace Poshmark launched on iOS with an app that allowed women to buy and sell secondhand items, including clothing, shoes and other accessories, right from their mobile device. The company, which has since expanded to Android and the web as of last year, has now grown its online community to include millions of registered users, and is on track to double its… Read More
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Poshmark Partners With The USPS To Create A Custom, Flat Rate Shipping Label
Poshmark, the mobile marketplace that lets women swap and sell items out of their own closets, is announcing a big partnership with the United States Postal Service. This marks one of the first times the USPS has worked with a mobile commerce startup to create a custom shipping label. Read More
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Poshmark Brings Mobile Marketplace For Women To Sell And Swap Clothes To Android
Poshmark, the mobile marketplace that lets women swap and sell items out of their own closets, is launching on Android today. Poshmark, which offers iOS and web apps, launched nearly two years ago and just crossed one million items sold this year alone. You can download the Android app here. Read More
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Poshmark Brings In $3.5 Million To Bring The Clothing Swap To Your iPhone
You know that whole “one man’s trash is another man’s treasure” thing? Well, that’s the concept behind clothing swaps, a type of gathering that’s recently become popular, where people (mainly women) get together and exchange used clothes. If you’ve ever been to a clothing swap — and of course you have, tech blog reader — you know that… Read More
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