Naver wraps up $1.2bn acquisition of e-commerce marketplace Poshmark
South Korean internet company Naver has completed the previously announced acquisition of Poshmark, a social e-commerce marketplace, for an enterprise value of around $1.2bn, in a move to create a global player in online fashion re-commerce. The transaction, which was announced in October 2022, is expected to accelerate Naver’s strategy to build a global e-commerce […]