Poshmark IPO: Is $POSH The Dominant Secondhand Fashion Marketplace?

Poshmark IPO:
Poshmark Inc. saw shares bubble as high as 141% during the secondhand clothing marketplace’s NASDAQ debut. Shares of $POSH opened trading at $97.50 per share, significantly higher than where the company priced its IPO at $42. In a previous statement, Poshmark said it had expected to sell shares at between $35 and $39. Now trading in the $70 range, Alex takes a deep dive look at Poshmark’s positioning against fashion marketplace contemporaries like Farfetch ($FTCH), StockX, and the Lithuanian online fashion platform Vinted. Moazed compares active users, current GMV multiples, the various ways we’ve seen fashion marketplaces position themselves, and which players are poised for market expansion.

This is an excerpt from episode 137 of Winner Take All. Watch the full episode here: youtu.be/Xe-Qse4PAuI

Originally Aired: 01/19/20
#PoshmarkIPO #FashionStocks #2021IPO

Subscribe to the Applico YouTube Channel

Filed under: Winner Take All | Topics:

Weekly Industry Newsletter

Top Posts

  • B2B Chemical Marketplaces and Tech Startups: Landscape and State of the Industry

    Read more

  • Platform vs. Linear: Business Models 101

    Read more

  • Amazon Business – 2020 Report

    Read more

  • Platform Business Model – Definition | What is it? | Explanation

    Read more

  • The Value of Digital Transformation: How Investors Evaluate “Tech”

    Read more