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

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

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Online seller eBay wants a bigger share of the Gen Z market. The online seller has agreed to purchase secondhand fashion marketplace Depop from Etsy for about $1.2 billion in cash, the companies said ...

NEW YORK (AP) — Online seller eBay wants a bigger share of the Gen Z market. The online seller has agreed to purchase second hand fashion marketplace Depop from Etsy for about $1.2 billion in cash, ...

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.

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.

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

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