Renaissance Capital logo

Poshmark Priced, Nasdaq: POSH

Peer-to-peer fashion e-commerce site.

Industry: Technology

Latest Trade: $73.77 0.00 (0.0%)

First Day Return: +141.7%

Return from IPO: +75.6%

Industry: Technology

We are a social marketplace that combines the human connection of a physical shopping experience with the scale, reach, ease, and selection benefits of eCommerce. In doing so, we bring the power of community to buying and selling online. We created Poshmark in 2011 to make buying and selling simple, social, and fun. Pairing technology with the inherent human desire to socialize, our marketplace creates passion and personal connections among users. In 2019, our Active Users spent an average of 27 minutes a day on our marketplace browsing, shopping, buying, selling, and connecting with each other via 20.5 billion social interactions. We dynamically curate our marketplace into lifestyle categories that our users love, including apparel, accessories, footwear, home, and beauty. Powered by our proprietary technology, our social marketplace is purpose-built to enable simple transactions, seamless logistics, and an engaging experience at scale. As of September 30, 2020, there were over 201 million secondhand and new items for sale across 9,431 brands on our marketplace. As of September 30, 2020, we had 31.7 million Active Users, 6.2 million Active Buyers, and 4.5 million Active Sellers.
more less
IPO News for Poshmark
more
IPO Data
IPO File Date 12/17/2020
Offer Price $42.00
Price Range $35.00 - $39.00
Offer Shares (mm) 6.6
Deal Size ($mm) $277
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/13/2021
Offer Price $42.00
Price Range $35.00 - $39.00
Offer Shares (mm) 6.6
Deal Size ($mm) $277
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters Redwood City, CA
Founded 2011
Employees 501
Website www.poshmark.com