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Ebay buys Depop for $1.2 billion in bid to win over Gen Z shoppers
eBay has agreed to acquire British secondhand fashion app Depop from Etsy for $1.2 billion in cash, marking one of the ...
With the Depop acquisition, eBay aims to boost its fashion business, attract younger demographics, and capitalize on the ...
Depop acquisition targets Gen Z, boosts growth and brand relevance. Click for this updated look at EBAY stock following the latest news.
The Independent on MSN
Ebay buys secondhand fashion app Depop from Etsy to crack Gen Z market
eBay buys secondhand fashion app from Etsy in bid to crack Gen Z market - The deal will see eBay purchase Depop for ...
Online marketplace giant eBay is buying second-hand clothing app Depop for $1.2 billion (£890 million). The cash deal marks a significant shift in the competitive “pre-loved” fashion market.
NEW YORK (AP) — Online seller eBay wants a bigger share of the Gen Z market. The online seller has agreed to purchase secondhand fashion marketplace Depop from Etsy for about $1.2 billion in cash, the ...
The deal comes nearly five years after Etsy purchased Depop for $1.62 billion, at a time when secondhand clothing apps were gaining traction during the pandemic.
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