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South Korean internet giant buys Poshmark in $1.2 billion deal

Por: The Boston Globe Business October 04, 2022

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The South Korean internet giant Naver has agreed to buy Poshmark, a popular secondhand retailer based in the United States, for $1.2 billion. It is Naver’s largest acquisition to date and a sign of the company’s broadening global ambitions.Sometimes referred to as the “Google of South Korea,” Naver is a wide-ranging internet services provider that began as a search engine before expanding into email, messaging, news aggregation, and... + full article



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