Etsy Divests Depop to Refocus on Core Marketplace

Etsy has agreed to sell its U.K. subsidiary Depop, a mobile-first C2C fashion resale marketplace, to eBay for approximately $1.2 billion in cash. This strategic divestment allows Etsy to concentrate on its core marketplace, including share repurchases and growth investments, while strengthening eBay’s position in recommerce and youth fashion. Regulatory clearances are pending, with the deal expected to close in the second quarter of 2026.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)