“If you can’t wear it, sell it”: Poshmark acquisition, GoodwillFinds, and the bet on Re-commerce
Earlier this month (October 4th), Naver, the South Korean internet search giant, announced its plans to acquire Poshmark, sending the shares of the internet company tumbling after the initial investor spook over the size of the deal. Naver will pay $17.90 cash for each Poshmark share, valuing the shopping marketplace for less than half of […]
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