Depop, the second-hand clothing app that has skyrocketed in popularity among Gen Z shoppers, is being sold to eBay for $1.2bn (£890m). Etsy, the online platform, is offloading Depop just five years ...

There’s a reason eBay paid $1.2 billion to acquire the e-commerce platform.

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 ...

Online seller eBay has struck a deal to purchase online fashion marketplace Depop for $1.2bn (£890m). The cash deal, expected to be completed by the middle of this year, comes just five years after ...

Bay said it will lay off about 800 employees, or 6% of its workforce, as it restructures operations following its $1.2 billion acquisition of Depop from Etsy.

Etsy shares popped 9% on Thursday after the company said it plans to offload its fashion resale app Depop to eBay for about ...

EBay struck a bargain this week with its agreement to purchase Depop, the popular secondhand clothing resale app, for $1.2 billion in cash. That’s less than the $1.63 billion Etsy paid for Depop five ...

The U.K. apparel resale site, whose U.S. sales surged 60% last year, was a drag on Etsy’s margins.

Online marketplace giant eBay is buying second-hand clothing app Depop for $1.2 billion (£890 million). The cash deal marks a ...

Etsy has agreed to sell second-hand fashion platform Depop to eBay for $1.2 billion, marking a strategic shift for both companies in the growing re-commerce market.

Sellers on the Etsy-owned clothing resale app Depop have been facing delayed payments. Over the last few months, more and more sellers have reported that their payment dates were being delayed over ...

Depop is an online marketplace used by more than 15 million registered users. It was originally started as a place to buy and sell clothes, like Poshmark or other online thrift stores - and while ...