Poshmark tried hiking fees in October but quickly backtracked after fierce backlash. Read on to learn what happened and why ...

PET Acquisition LLC, the owner of the Petco retail chain, is also set to price its IPO on Wednesday. Petco is backed by investors including the private equity firm CVC Capital Partners.

an extensive selection of merchandise on Poshmark,” Chandra added. “This approach allows the products to find a market clearance price, kind of like how a stock exchange works,” Chandra said.

[Update as of 10/22/24]: Less than a month after Poshmark unveiled a new fee structure to improve customer transparency and boost seller revenue, the company has decided to revert back to its old ...