REDWOOD CITY, Calf.,
Feb. 16, 2021 /PRNewswire/
-- Poshmark (NASDAQ: POSH), a leading social marketplace
for new and secondhand style for women, men, kids, pets, home and
more, today announced it will be available to Australians who are
looking for a more social and sustainable way to shop, sell and
connect. The move is part of Poshmark's strategy to drive long-term
growth through international expansion, starting with
English-speaking countries. Poshmark Australia is another step
towards the company's mission to create a truly global social
marketplace that puts people at the heart of commerce, empowering
everyone to thrive.
Beginning today at 2 p.m. Pacific
Time, Australians will be able to join the Poshmark
community and start selling and buying from fellow Australians,
while also having the opportunity to engage with Poshmark's
existing community of 70 million users across the U.S. and
Canada via the app or web. In
addition, Poshmark offers a number of community-hosted virtual
events to create and foster social connection, including Posh N
Sip, Posh N Coffee and Posh N List. These one-of-a-kind social
gatherings and educational events are designed to help Poshmark's
community network and grow their businesses.
"We are excited to bring our social marketplace to Australia, extending Poshmark's simple, social
and sustainable shopping and selling experience across the globe,"
said Manish Chandra, founder &
CEO of Poshmark. "Poshmark's community has only become stronger and
more dynamic as it has grown and we are thrilled to welcome Aussies
to join us as we shape the future of shopping, together. Today's
launch is only the beginning and we look forward to building a
thriving and successful community in Australia."
Poshmark makes it simple and easy for anyone to sell, enabled by
a full suite of end-to-end seller tools and services, including
seamless listing, merchandising, promotion, pricing, and shipping.
From casual sellers looking to clear out their closets to
entrepreneurs building small businesses, anyone will be able to
leverage Poshmark's innovative social selling features to connect
with buyers and grow their sales. These tools include Posh Parties,
Posh Stories, and Reposh, which makes it easy to re-circulate items
bought on Poshmark in just one click. In 2019, 87 percent of items
purchased on Poshmark were preceded by a social interaction (like,
comment, or offer).
Buyers will discover a more engaging, interactive and social
shopping experience that's curated and personalized by Poshmark's
seller community. In addition to Poshmark's buyer protection and
authentication services, Australian community members will benefit
from PoshPost, Poshmark's easy and integrated shipping service.
In May 2019, Poshmark launched in
Canada, the company's first market
expansion outside of the U.S., growing its community to more than
1.4 million active users within the first year. Last week, the
company announced it has expanded into the Pets category and in
2020 it launched Beauty. Poshmark's scalable model and
infrastructure enables continued strategic expansion in the future,
serving a multitude of countries and categories over time.
About Poshmark, Inc.:
Poshmark is a leading social
marketplace for new and secondhand style for women, men, kids,
pets, home, and more. By combining the human connection of physical
shopping with the scale, ease, and selection benefits of ecommerce,
Poshmark makes buying and selling simple, social, and sustainable.
Its community of more than 70 million registered users across the
U.S., Canada, and now Australia, is driving the future of commerce
while promoting more sustainable consumption. For more information,
please visit www.poshmark.com.au, and for company news and
announcements, please visit investors.poshmark.com. You can also
find Poshmark on Instagram, Facebook, Twitter, TikTok, Pinterest,
and YouTube.
Media Contact
pr@poshmark.com
View original
content:http://www.prnewswire.com/news-releases/poshmark-inc-continues-international-expansion-with-australia-launch-301228966.html
SOURCE Poshmark