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eBay buys Depop from Etsy to boost its youth-focused resale push
business8 days ago

eBay buys Depop from Etsy to boost its youth-focused resale push

eBay will acquire Depop from Etsy for about $1.2 billion in cash, adding the Gen Z–focused, C2C fashion marketplace to its ecosystem. Depop reported roughly $1 billion in GMV in 2025, about 7 million active buyers (nearly 90% under 34) and over 3 million active sellers, and is expected to keep its brand after closing in Q2 2026, subject to regulatory approvals. Etsy will focus on its core marketplace, while eBay leverages its scale, cross-listing, shipping services and Authenticity Guarantee to accelerate Depop’s growth and expand fashion resale globally. The deal signals a key move in eBay’s C2C strategy to capture younger, fashion-forward buyers.

via PR Newswire|
#acquisition#business#depop
eBay secures Depop buy to win over younger shoppers
business10 days ago

eBay secures Depop buy to win over younger shoppers

eBay agreed to acquire Depop from Etsy for about $1.2 billion in cash, aiming to tap a young, active user base (Depop reports 7 million buyers with roughly 90% under 34) and boost its presence in the growing secondhand fashion market. Depop will retain its brand and platform, and the deal is expected to close in Q2. Etsy had previously bought Depop for $1.6 billion in 2021 and plans to use the proceeds for general corporate purposes.

via The Guardian|
#acquisition#business#depop
Etsy sells Depop to eBay to refocus on its core marketplace
business10 days ago

Etsy sells Depop to eBay to refocus on its core marketplace

Etsy is selling Depop to eBay for $1.2 billion as it pivots back to its core marketplace; Depop, popular with Gen Z (about 90% of its 7 million active buyers are under 34), posted $1 billion in gross merchandise value in 2025. Etsy bought Depop in 2021 for $1.6 billion and has since divested other assets, as its growth slowed (2024 revenue up 2.2% YoY). Proceeds will support share buybacks while Etsy focuses on expanding the Etsy marketplace; the deal is expected to close in Q2 2026, and eBay hopes Depop will help attract younger buyers.

via The New York Times|
#business#depop#ebay
eBay expands fashion resale with $1.2B Depop deal from Etsy
business10 days ago

eBay expands fashion resale with $1.2B Depop deal from Etsy

eBay will acquire Depop from Etsy for about $1.2 billion in cash, adding a leading Gen Z/Millennial-friendly C2C fashion marketplace to expand its resale and recommerce offerings. Etsy will focus on its core marketplace, Depop will keep its brand post-closing, and the transaction is expected to close in Q2 2026 pending regulatory approvals. The deal leverages eBay’s scale and services to accelerate Depop’s growth.

via Etsy|
#acquisition#business#depop
eBay to buy Depop from Etsy for $1.2B, sparking a stock surge
business10 days ago

eBay to buy Depop from Etsy for $1.2B, sparking a stock surge

eBay will acquire Depop from Etsy for about $1.2 billion in cash, enabling Etsy to focus on its core marketplace; Depop remains popular with younger users, especially under 34. The deal is expected to close in Q2, and Etsy stock rose about 14% after hours on the news, while eBay gained on its own earnings report. Etsy had bought Depop for roughly $1.62 billion five years ago as part of a broader “house of brands” strategy, a path it appears to be unwinding as it faces growth and macro headwinds and competition from larger marketplaces.

via CNBC|
#acquisition#business#depop
LG’s 65-inch C5 OLED lands on sale for under $1.2K on eBay
deals1 month ago

LG’s 65-inch C5 OLED lands on sale for under $1.2K on eBay

The Verge highlights a limited-time deal on LG’s 65-inch C5 OLED TV: $1,197.59 on eBay with code FAVEFINDS20 (about $1,502 off), available until January 20. The current-gen model delivers strong OLED blacks, Dolby Vision, and Dolby Atmos, plus LG’s AI Picture Pro, four HDMI 2.1 ports with FreeSync Premium and Nvidia G-Sync, up to 144Hz, a Magic Remote, built-in Alexa, and Matter smart-home support, making it a compelling option even as CES 2026 brings the C6.

via The Verge|
#deals#ebay#gadgets