Etsy will sell Depop to eBay for about $1.2 billion, reversing its 2021 acquisition and refocusing on the Etsy marketplace.

Depop, the second-hand clothing app that has skyrocketed in popularity among Gen Z shoppers, is being sold to eBay for $1.2bn ...

With the Depop acquisition, eBay aims to boost its fashion business, attract younger demographics, and capitalize on the ...

At the time, Etsy, the digital marketplace that allows small artisans and designers to reach a mass market of consumers, took ...

EBay Inc. agreed to buy Depop for about $1.2 billion in an effort to attract younger shoppers and stand out in an ...

The deal comes at a time when used clothing has become increasingly popular, sought out by shoppers searching for unique ...

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.

Depop has continued to expand due to growing demand from Gen Z and millennial shoppers to buy sustainably and avoid old items going into landfill.

The e-commerce platform will acquire the Gen Z-favorite for about $1.2 billion, five years after Etsy bought it.

A key feature of Prolisto Lite is that it is offered as a free eBay listing tool, allowing users to access automated listing technology without a subscription fee. This makes the platform available to ...