Ebay to buy Etsy’s Depop for $1.2 billion. Both stocks are jumping.
Shares of eBay and Depop’s current owner, Etsy, popped in after-hours trading.
Etsy sells second-hand fashion app Depop to eBay for $1.2bn
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 ...
Online seller eBay to buy secondhand fashion marketplace Depop from Etsy for $1.2B in cash
Online seller eBay wants a bigger share of the Gen Z market. The online seller has agreed to purchase secondhand fashion ...
Marketplace
Why is eBay buying secondhand fashion platform Depop?
Most of Depop's customers are Gen Z, offering eBay a chance to expand into a younger demographic. Online marketplace eBay ...
eBay to buy Depop from Etsy in $1.2bn cash deal
Online seller eBay has agreed to pay $1.2bn (£890m) to purchase second-hand fashion marketplace Depop from Etsy, the ...
eBay hits Buy It Now to snatch Depop from Etsy in £890,000,000 bid
Ebay is looking to buy the second-hand fashion app Depop from its rival Etsy in a bid to attract younger shoppers. The online ...