Poshmark is a social marketplace for buying and selling fashion and home items, blending ecommerce with social features. Users list items for sale and buyers browse and purchase, with Poshmark taking a commission on each sale: a flat $2.95 fee for items under $15, or 20% for items $15 and up. The platform also now enables large brands to access its community through brand partnerships, expanding product availability and inviting brands to participate in social commerce. This model supports a circular economy by encouraging reuse and recycling of fashion items. The leadership and strategy focus on community engagement and growth within the competitive ecommerce space.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Redwood City, California
Founded
2011
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