South Korea's Naver to Acquire Fashion Startup Poshmark in $1.2

Shares of South Korean internet giant Naver Corp. fell the most in seven years after the company agreed to buy online secondhand-fashion marketplace Poshmark Inc. in a deal valued at about $1.2 billion.

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What Does Naver Acquisition of Poshmark Mean for Sellers

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South Korea's Naver to Acquire Poshmark For $1.2 Billion

What Poshmark's $1.2 Billion Buyout Says About Fashion Dealmaking