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

NEW YORK (AP) — Online seller eBay wants a bigger share of the Gen Z market. The online seller has agreed to purchase ...

Deal agreed to acquire British secondhand fashion resale app from Etsy as eBay attempts to fend off Amazon ...

At the time, Etsy, the digital marketplace that allows small artisans and designers to reach a mass market of consumers, took ...

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

Etsy Inc. ETSY saw its momentum ranking slide to the 19.26th percentile this week, reflecting a persistent downward trend in ...

With the Depop acquisition, eBay aims to boost its fashion business, attract younger demographics, and capitalize on the booming recommerce market.

A 30-second spot set to the song “Millionaire” by Kelis, who makes a cameo in the ad, is supported by a Depop shop curated by the R&B icon.

Bay (NASDAQ:EBAY) has agreed to buy secondhand fashion marketplace Depop from Etsy for about $1.2 billion in cash, as the U.S. e-commerce group looks to ...

Depop has continued to expand due to growing demand from Gen Z and millennial shoppers to buy sustainably and avoid old items going into landfill.

Etsy will sell Depop to eBay for about $1.2 billion, reversing its 2021 acquisition and refocusing on the Etsy marketplace.

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.