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A garage sale in the 21st century needs a tech savvy platform. Which is where Poshmark comes into the picture, the platform with a community over 2.5 million Canadians has products listed with over half a billion dollars in value by their users.
It began expanding outside of the United States in Canada in May 2019, and has now launched in India. So its become simple and easy for anyone to sell items from their closet, enabled by a full suite of end-to-end seller tools and services, including seamless listing, merchandising, promotion, pricing, and shipping. Indian consumers will be able to join Social marketplace Poshmark, Inc. (Nasdaq: POSH), a booming community of more than 80 million users and a vibrant network of millions of shoppable closets to make money, save money, connect with others, and foster entrepreneurship.
"I am thrilled to launch Poshmark in India, one of the fastest-growing e-commerce markets in the world and a country with a vibrant culture of thrifting and appreciation for sustainability," said Manish Chandra, founder and CEO of Poshmark. "As an Indian who grew up exploring the marketplaces of Old Delhi, I know firsthand how important it is to come together and connect as part of the shopping experience. I am confident that our social marketplace will resonate with Indian consumers and allow us to build a thriving and successful community here."
The platforms scalable model and infrastructure enables continued expansion to new countries and categories in the future.
