Poshmark’s home market is growing fast as it strives to become a reselling empire

Poshmark

When Poshmark opened its platform to the sale of home decor items last month, it was a sign that the fast-growing e-commerce company was expanding from a curated fashion app to a lifestyle marketplace. The app, which previously only let people buy and sell new and used clothing, is now encouraging users to sell home items like accents, wall art, and bedding — basically anything you’d find alongside the clothes in an Anthropologie. It’s a logical step for the company as it reportedly eyes an IPO this fall, and one that’s paid off. The home market has been growing at a faster rate in the four weeks since it’s launched than other new markets, like the men’s section of the app, have in the past, Poshmark co-founder Tracy Sun told The Verge....

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Poshmark’s home market is growing fast as it strives to become a reselling empire Poshmark’s home market is growing fast as it strives to become a reselling empire Reviewed by Benny on July 25, 2019 Rating: 5

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