Etsy will sell Depop to eBay for about $1.2 billion, reversing its 2021 acquisition and refocusing on the Etsy marketplace.
At the time, Etsy, the digital marketplace that allows small artisans and designers to reach a mass market of consumers, took ...
With the Depop acquisition, eBay aims to boost its fashion business, attract younger demographics, and capitalize on the ...
The deal comes at a time when used clothing has become increasingly popular, sought out by shoppers searching for unique ...
Key Takeaways Etsy on Wednesday said it would sell fashion marketplace Depop to eBay for $1.2 billion in cash.The deal marks ...
Etsy logged lower profit in the fourth quarter, despite an uptick in revenue.
By Koyena Das and Neil J Kanatt Feb 19 (Reuters) - Etsy shares jumped about 10% on Thursday, after the online marketplace ...
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President Donald Trump's tariffs have forced some e-commerce companies to raise prices and alter their supply chains.
The site has become the go-to marketplace for young fashion lovers seeking second-hand clothing, with nearly 90% of its 7 million buyers under 34.
Etsy shares popped 9% on Thursday after the company said it plans to offload its fashion resale app Depop to eBay for about $1.2 billion in cash. The online marketplace also reported mixed earnings ...