Poshmark flags bigger-than-expected hit from Apple privacy change, shares dive

Reuters2021-11-10

(Reuters) - Poshmark Inc(POSH.O)forecast holiday-quarter revenue below estimates on Tuesday due to a bigger-than-expected hit from the recent changes in Apple's privacy policy that has limited ...

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精彩评论

EVKY
2021-11-10
EVKY
Good time to buy?
- firefirefire:
  have money can buy..😁😁
funnychubbie
2021-11-10
funnychubbie
Tell me your opinion about this news...
Art123
2021-11-10
Art123
Latest
ZhiLing
2021-11-10
ZhiLing
ok
小白添祥
2021-11-10
小白添祥
like & comment please
- Art123:
  ok
thatsy
2021-11-10
thatsy
To the moon
- 小白添祥:
  like & comment please

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advertisers' ability to attract new customers.\nShares in Poshmark, which went public in January, fell 27% in extended trading, as it also missed third-quarter revenue estimates a day after rivals ThredUp Inc(TDUP.O)and RealReal(REAL.O)beat expectations.\nApple Inc(AAPL.O)launched a privacy update in April, preventing advertisers from tracking iPhone users without their consent, sparking an uproar from major social-media companies such as Facebook(FB.O)and Snap Inc(SNAP.N), which have warned of a prolonged hit from the changes.read more\nMeta-owned Facebook has said the change would impede businesses' ability to cost-effectively target local customers with advertisements.\nPoshmark said it was spending more on marketing, directing funds toward TV advertisements and partnering with social media influencers to counter the impact of Apple's privacy changes.\nThe increased expenditure, however, has led Poshmark to report a third-quarter loss of 9 cents per share, bigger than analysts' 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