FASHION RESALE SOCIAL MARKETPLACE GLOBAL
UNITED STATES & CANADA
By IFAB MEDIA - NEWS BUREAU - May 3, 2023 | 24 2 minutes read
“With Posh Shows, we are reinventing fashion resale for the next decade,” Manish Chandra, Founder and CEO of Poshmark, said in the release. “Poshmark was designed from day one to create a shopping experience built around community and real-time social interactions, making it the ideal destination for live commerce. Since we began testing, our community has embraced this interactive and fun approach to shopping, energizing our marketplace, transforming the experience on Poshmark and strengthening the human connections that are the foundation of our business.”
Poshmark began testing Posh Shows in the fourth quarter of 2022. Since then, sellers have hosted more than 100,000 shows, while shoppers have placed more than 4 million bids in live auctions for a wide selection of merchandise.
“We saw a huge gap in live commerce in the U.S. — the need for a platform that could help anyone be successful with live selling by making it incredibly simple and fun,” Tracy Sun, co-founder and SVP of seller experience at Poshmark, said in the release. “The community reception has blown us away, and I'm excited for what's ahead as we make Poshmark the number one place to shop and sell live.”