Ebay wants Depop to help bolster its popularity among younger shoppers, with the deal expected to complete later this year.

Shares of eBay and Depop’s current owner, Etsy, popped in after-hours trading.

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 ...

The deal comes at a time when used clothing has become increasingly popular, sought out by shoppers searching for unique items that cost less than new ones and keep the old stuff from heading to ...

Online marketplace eBay recently announced it will acquire Depop, a second-hand clothing platform, for $1.2 billion. The news ...

NEW YORK(AP) — 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 ...