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Indian American-founded online marketplace Poshmark Jan. 14 officially listed the company on Nasdaq with its Initial Public Offering.
The Redwood City, California-based social marketplace is reimagining the future of shopping by empowering everyday people to make money selling their styles while promoting a more sustainable way to shop.
Led by founder and chief executive officer Manish Chandra, Poshmark combines the human connection of a physical shopping experience with the scale, reach, ease and selection benefits of eCommerce, attracting a large and growing community from across the U.S. and Canada.
Listing on Nasdaq under the ticker symbol POSH, Poshmark is at the forefront of three key trends driving the future of retail: the shift to online, the shift to social, and the shift to secondhand, it said.