REDWOOD CITY – Resale specialist Poshmark has acquired footwear authentication platform Suede One in a bid to combat counterfeiting and streamline its services.
For the secondhand fashion marketplace, purchasing Suede One marks its first acquisition and is representative of its growing foothold on the industry.
“We are laser focused on making strategic investments that fuel the continued growth of our business, give the best overall experience for buyers and make our marketplace the number one, most trusted destination for sellers,” said Manish Chandra, founder and CEO of Poshmark.
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