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April 27, 2017 01:02 am GMT
Poshmark, the fashion resale social network, is on track for $100 million in revenue this year, TechCrunch has learned.We hear the company reached$50 million in revenue last year, which means they are on pace to double in 2017. The company also recently becamecash flow positive, with profitability on an Ebitdabasis. This is a commonly used, but adjusted measurementof profitability… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/swDuMHDuwOs/
Poshmark cash flow positive, on track for $100 million revenue
Poshmark, the fashion resale social network, is on track for $100 million in revenue this year, TechCrunch has learned.We hear the company reached$50 million in revenue last year, which means they are on pace to double in 2017. The company also recently becamecash flow positive, with profitability on an Ebitdabasis. This is a commonly used, but adjusted measurementof profitability… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/swDuMHDuwOs/
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