Online retail giant says deal for used clothing platform will deepen its appeal for younger, more fashion-conscious shoppers
NEW YORK - Ecommerce giant eBay has agreed to buy secondhand fashion marketplace Depop from Etsy in a cash deal valued at about $1.2 billion as it seeks to increase its appeal for younger shoppers.
The transaction, announced in a joint statement by eBay and Etsy, is expected to close in the second quarter of 2026, subject to regulatory approvals. Depop would retain its separate brand and platform.
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