Etsy sells secondhand clothing marketplace Depop to eBay for $1.2B [TechCrunch]
eBay Inc. (EBAY)
Last ebay inc. earnings: 4/29 04:15 pm
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Source: TechCrunch
Founded in 2011, Depop generated approximately $1 billion in gross merchandise sales — the total value of goods sold through its platform — in 2025. In the U.S., the company saw nearly 60% year-over-year growth. As of December 31, 2025, the marketplace had seven million active buyers, nearly 90% of whom were under 34, and more than three million active sellers. “Depop has built a trusted, social-forward marketplace with strong momentum in the pre-loved fashion category, and we are confident that as part of eBay, Depop will be even more well-positioned for long-term growth, benefiting from our scale, complementary offerings, and operational capabilities,” said eBay CEO Jamie Iannone in a The move comes as Etsy has struggled to grow its business after the pandemic-era e-commerce boom, competing with marketplaces like Temu and Shein, as well as Amazon. The company's year-over-year revenue grew 2.2% in 2024, down from 7.1% growth reported in 2023. Etsy is scheduled to release its 2
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EBAY
News
- eBay (NASDAQ:EBAY) Reports Strong Q4 CY2025, Stock Soars [Yahoo! Finance]Yahoo! Finance
- eBay to acquire Depop from Etsy for $1.2B in cash [Seeking Alpha]Seeking Alpha
- eBay Inc. Reports Fourth Quarter and Full Year 2025 Results [Yahoo! Finance]Yahoo! Finance
- eBay Inc. Reports Fourth Quarter and Full Year 2025 ResultsPR Newswire
- eBay to Acquire Depop from EtsyPR Newswire
EBAY
Earnings
- 10/29/25 - Beat
EBAY
Sec Filings
- 2/18/26 - Form 144
- 2/18/26 - Form 4
- 2/18/26 - Form 4
- EBAY's page on the SEC website