Depop acquisition

2 articles
Investing.comInvesting.com··Chris Markoch

eBay's $1.2B Depop Deal Signals Strategic Pivot Beyond Core Marketplace

eBay beat Q4 earnings and acquired secondhand fashion platform Depop for $1.2B to reach younger shoppers and grow higher-margin recommerce business.
AMZNEBAYETSYe-commercemargin pressure
BenzingaBenzinga··Adam Eckert

Etsy Gains 14.8% After-Hours on $1.2B Depop Sale to eBay

Etsy shares surge 14.8% after-hours on agreement to sell Depop fashion marketplace to eBay for $1.2 billion, allowing capital reallocation to core operations.
EBAYETSYe-commerceM&A