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Etsy stock pops 14% on sale of Depop to eBay for $1.2 billion - CNBC

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TL;DR

Etsy's stock surged 14% after announcing the sale of its secondhand clothing app Depop to eBay for $1.2 billion, a move aimed at expanding eBay's fashion presence and attracting younger shoppers.

  1. Etsy stock pops 14% on sale of Depop to eBay for $1.2 billion  CNBC
  2. eBay buys second-hand clothing app Depop for $1.2bn  BBC
  3. EBay buys Depop for $1.2bn in bid to capture younger shoppers  The Guardian
  4. eBay to Buy Depop From Etsy for $1.2 Billion  The Wall Street Journal
  5. Etsy Sells Depop, a Secondhand Clothing App Popular With Gen Z, to eBay  The New York Times

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