Depop, the second-hand clothing app that has skyrocketed in popularity among Gen Z shoppers, is being sold to eBay for $1.2bn ...

Etsy said Wednesday that it has agreed to sell the clothing resale app Depop to eBay for roughly $1.2 billion. The sale, which is for less than the $1.6 billion Etsy paid for it five years ago, marks ...

Bay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, and Etsy, ...

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Etsy on Wednesday said it was selling the online secondhand-clothing site Depop to eBay for around $1.2 billion, in an effort to focus more deeply on its main marketplace business.

At the time, Etsy, the digital marketplace that allows small artisans and designers to reach a mass market of consumers, took note of the trend. And in 2021, Etsy bought Depop, a popular secondhand ...

The deal comes nearly five years after Etsy purchased Depop for $1.62 billion, at a time when secondhand clothing apps were gaining traction during the pandemic.

Etsy (ETSY) – a platform that connects artisans with buyers globally – experienced a 6-day decline, with total losses during this timeframe reaching -23%. The company's..

Online seller eBay to buy secondhand fashion marketplace Depop from Etsy for $1.2B in cash - Online seller eBay wants a bigger share of the Gen Z market ...

The e-commerce platform will acquire the Gen Z-favorite for about $1.2 billion, five years after Etsy bought it.

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