Etsy Sells Depop, a Secondhand Clothing App Popular With Gen Z, to eBay - The New York Times
AI Summary1 min read
TL;DR
Etsy has sold the secondhand clothing app Depop, popular with Gen Z, to eBay for $1.2 billion in cash. The deal boosts eBay's fashion presence and caused Etsy's stock to rise significantly.
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EtsyDepopeBaysecondhand clothingGen Z
- Etsy Sells Depop, a Secondhand Clothing App Popular With Gen Z, to eBay The New York Times
- Etsy stock pops 14% on sale of Depop to eBay for $1.2 billion CNBC
- eBay to Buy Depop, the Used Clothing Site Favored by Gen Z, for $1.2 Billion Barron's
- Online seller eBay to buy secondhand fashion marketplace Depop from Etsy for $1.2B in cash SFGATE
- EBay forecasts upbeat revenue, buys Depop to boost fashion presence Yahoo Finance