Poshmark

Poshmark is a leading social commerce platform that allows users to buy and sell new and secondhand fashion items. The company generates revenue primarily through transaction fees, taking a percentage of each sale made on its platform. Founded in 2011, Poshmark has grown significantly by fostering a community-driven marketplace where users can connect, share, and shop from each other's closets. The platform emphasizes social interaction, enabling users to follow each other, share listings, and participate in virtual shopping parties, which enhances user engagement and drives sales.

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