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POSHMARK INC.
Why buying thrifted clothes is getting more appealingGlobal secondhand fashion sales reached $227 billion in 2024, accounting for 10% of global apparel spending, with the trend accelerating, p...
Elon Musk is definitely buying Twitter this time. MaybeThis week Elon Musk offered to buy Twitter for $44 billion or $54.20 a share – again. Don’t put the popcorn down just yet. Here’s the TL;DR...
South Korea's Naver to acquire US fashion social commerce Poshmark for $1.6 billionPoshmark is the largest fashion consumer-to-consumer platform in North America, with 80 million registered users led by Millenial and Gen Z...
Riskier the better is rallying cry of day traders going smallWhile the biggest benchmarks for US equities fell, smaller and more speculative corners posted solid gains. Fueled by day traders, volume i...
WeWork fiasco, Peloton flop endanger Unicorns hoping for big IPOsFitness startup Peloton Interactive Inc. fell 11% below its IPO price on its first day of trading Thursday and extended declines by 2% on F...
There’s no end in sight for the US IPO frenzyPaul Donahue, Morgan Stanley’s head of equity capital markets for the Americas, expects that IPOs will remain busy in the third quarter and...