But from a pure UX and design standpoint, Depop is far outperforming its competitors by taking its major design cues from popular social media apps. And for a digitally native generation that’s used to doing most of their shopping online, that makes a big difference.

Etsy has agreed to sell Depop to eBay for $1.2bn, a 25% discount to its 2021 purchase price, as eBay targets Gen Z resale shoppers.

The site has become the go-to marketplace for young fashion lovers seeking second-hand clothing, with nearly 90% of its 7 million buyers under 34.

The global e-commerce corporation eBay has entered into a transaction agreement to acquire the fashion marketplace, marking a pivotal move to strengthen its footing in the fashion industry.

Online sellers on Vinted, eBay, Depop and Amazon warned by HMRC: sales over £1,000 or 30 items may trigger tax checks. Spring cleaning could mean tax.