Etsy Sells Depop to eBay for $1.2bn, Refocuses on Core Marketplace
eBay (NASDAQ:EBAY) has agreed to buy secondhand fashion marketplace Depop from Etsy for about $1.2 billion in cash, as the U.S. e-commerce group looks to deepen its push into resale and reach younger shoppers who increasingly buy and sell through mobile-first platforms. Under the definitive… Read More
Read more in: General News | Tagged Depop, ebay, etsy