Firm Buying Poshmark for $1.2B Sees Global Growth, Ad Revenue, and Live Shopping Potential
After withdrawing its bid for eBay’s Korean subsidiary last year, Naver announced today it’s acquiring shopping site Poshmark for $1.2 billion. Poshmark will become a standalone US subsidiary of Naver, continuing to operate under the Poshmark brand. Naver’s CEO Choi Read more