Uncork Capital, a venture firm whose portfolio includes Poshmark and Fitbit, has raised $300 million. Company officials told Bloomberg News Thursday (May 1) that the new capital will be used for two funds: one centered on seed investing ($225 million, up from $200 million in a comparable fund in 2023)...
Online fashion resale market Poshmark launched a partnership with returns-focused commerce platform Loop. According to a Wednesday (Jan. 8) press release, the collaboration is designed to offer an alternative to what the companies said is a common customer pain point: missing a return window or...
Google’s deployment of artificial intelligence (AI)-powered visual search tools signals Silicon Valley’s broader push to retrain consumers to find information through images rather than keywords and text. The shift toward camera-based search marks one of the most significant changes to how people seek information online...
Poshmark will return to its original fee structure three weeks after introducing a new one that aimed to balance fees between sellers and shoppers. The short-lived fee structure that was implemented Oct. 3 lowered fees for sellers but raised them for buyers. “We made the...
November 05, 2024
Google’s deployment of artificial intelligence (AI)-powered visual search tools signals Silicon Valley’s broader push to retrain consumers to find information through images rather than keywords and text. The shift toward camera-based search marks one of the most significant changes to how people seek information online since the invention of the search box, though questions remain […]
March 06, 2024
As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go when it comes to driving...
August 03, 2023
In the age of digital commerce, consumers have long been searching for more intuitive ways to discover and purchase products. One notable challenge in this process has been the gap...
March 30, 2023
What was once old is new again (and again) as brands and consumers fully embrace the potential of preowned. The resale trend has been steadily growing for years, with preconceived...
July 24, 2025
U.S. consumers who make purchases through Klarna can later list eligible items on fashion resale marketplace Poshmark with a few taps. When they tap on past purchases in the Klarna app, listings on Poshmark will be automatically prefilled with product details and images, enabling consumers to list the items in seconds and earn cash for […]
May 01, 2025
Uncork Capital, a venture firm whose portfolio includes Poshmark and Fitbit, has raised $300 million. Company officials told Bloomberg News Thursday (May 1) that the new capital will be used for two funds: one centered...
January 08, 2025
Online fashion resale market Poshmark launched a partnership with returns-focused commerce platform Loop. According to a Wednesday (Jan. 8) press release, the collaboration is designed to offer an alternative to...
October 21, 2024
Poshmark will return to its original fee structure three weeks after introducing a new one that aimed to balance fees between sellers and shoppers. The short-lived fee structure that was...
