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 ...
The deal comes as the popularity of used clothing has grown in recent years, with consumers seeking a sustainable, more ...
Most of Depop's customers are Gen Z, offering eBay a chance to expand into a younger demographic. Online marketplace eBay ...
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 ...
Ebay is looking to buy the second-hand fashion app Depop from its rival Etsy in a bid to attract younger shoppers. The online ...
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 ...
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