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Poshmark Acquires Sneaker Authentication Software Firm Suede One

By
Malique Morris
· · Source: The Information

Poshmark on Wednesday announced it is buying sneaker authentication software firm Suede One for an undisclosed amount. This is the first acquisition that Poshmark has made since it was founded in 2011. Suede One’s staff members will join Poshmark’s team effective immediately, the company said. The deal means that Poshmark, which lets its users buy and sell pre-owned goods to one another, is...

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