Poshmark was founded by Manish Chandra, Tracy Sun, Gautam Golwala, & Chetan Pungaliya in 2011. The company operates a mobile phone app which allows users to sell their gently used items and ship them to customers anywhere in the US.
Poshmark takes a 20% commission from items sold. Sellers can have their accounts suspended or completely removed from the site if they take sales offline or to a competitor. While some people have claimed to make several thousand dollars in a single month, (with one seller hitting $1 million in sales) others say that a lack of ratings or feedback from buyers leaves clients open to fraud.
Poshmark stated in August 2018 that sellers had made a combined income of $1 billion since the app was introduced.
Currently, the app is only for US users, but that might change in the future. Company headquarters are located in Redwood City, California.
Poshmark was founded by Manish Chandra, Tracy Sun, Gautam Golwala, & Chetan Pungaliya in 2011. The company operates a mobile phone app which allows users to sell their gently used items and ship them to customers anywhere in the US.
Poshmark takes a 20% commission from items sold. Sellers can have their accounts suspended or completely removed from the site if they take sales offline or to a competitor. While some people have claimed to make several thousand dollars in a single month, (with one seller hitting $1 million in sales) others say that a lack of ratings or feedback from buyers leaves clients open to fraud.
History
Poshmark stated in August 2018 that sellers had made a combined income of $1 billion since the app was introduced.
Currently, the app is only for US users, but that might change in the future. Company headquarters are located in Redwood City, California.
