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Poshmark is shutting down its international businesses — operations in India, Australia and the U.K. — as the social shopping marketplace shifts attention to “core markets,” the company informed customers. …
Poshmark to shut down India, Australia and UK businesses Read More
Wallapop — a peer-to-peer marketplace based out of Barcelona that made a splash at the peak of the COVID-19 pandemic with consumers who were looking for more localized, less wasteful, …
Wallapop, the circular marketplace out of Spain, raised $87M more at a $832M valuation led by Korea’s Naver Read More
The stock price of South Korea’s internet giant Kakao tumbled on Monday after a fire at a data center that cut off power on Saturday, causing several service malfunctions. The …
Shares of Korean internet giant Kakao slide after fire disrupts service Read More
Naver buying Poshmark for $17.90 per share is a fascinating deal, featuring elements of cross-border M&A, a sector on its back foot, and stock-market dynamics making some formerly expensive companies …
3 takeaways from the Poshmark-Naver deal Read More