Poshmark,US a social shopping platform second hand clothing co to enter India

3rd Aug 2021, Mumbai:

In what could be a space 'Disruptor' for Indian online fashion eco-system.

This is Nasdaq-listed company like e-bay giveing users all access to upload own apparels and sell other users. It is quite features rich in the sense of giving & receiving comments & likes, besides permitting users to follow individual sellers on the given platform. Supposedly it claims to have an edge over desi platform likes of 'Quickr or an olx' in the sense of its new age feature offerings where the existing platforms do not support in logistics operation and payment responsibility; Whilst interestingly Poshmark claims to have a robust customer friendly 'back-end-support' enhancing customer experience.

Manish Chandra, Founder & CEO at Poshmark, company has $1.4 billion GMV (Gross Merchandise Value) operating in the US, Canada & Australia. 

WATCH: https://www.youtube.com/watch?v=UMtsgRtGRhs

USP in India

Indian society instinctively is sustainably conscious of discrete consumption particularly Covid has only underlined the message and whereas, this platform offers both value & sustainable lifestyle which is likely to provide it fundamental demand tailwind.

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