Poshmark Files For IPO

Poshmark on Thursday filed a document with the Securities and Exchange Commission for an initial public offering on Nasdaq under the symbol POSH. The price range of the initial public offering has yet to be determined. The company’s revenue for the first nine months of the year came to $192.8 million, up 28% year over year. The company currently has 31.7 million active users and 6.2 million active buyers. The majority of active users are millennials or Gen Z. Read more at Retail Dive.

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