Q2 2025 Management View CEO Joshua G. Silverman highlighted that "our performance in the quarter is directly related to the ...

In 2020, Depop's gross merchandise sales (GMS) increased 100% year-over-year and the company's revenue climbed to $70 million. Etsy said Depop is the tenth most visited shopping site among Gen Z ...

The online seller is making a long-term bet on fashion marketplace Depop as the company’s overall buyers continue to drop.

Etsy is in the middle of multiple initiatives to return to gross merchandise sales growth, starting with increasing the ...

Depop's merch sales and revenue reached $650 million and $70 million, respectively, in 2020 — both increasing over 100 percent over the previous year. Etsy, meanwhile, is even bigger.

Etsy, Inc.’s “house of brands” portfolio also includes fashion resale marketplace Depop, musical instrument marketplace Reverb, and Brazil -based handmade goods marketplace Elo7.

Etsy is acquiring Depop for $1.625 billion. Depop, which launched in 2011, is a s ocial shopping app that has been described as a mix of eBay and Instagram. It is targeted at Gen Z shoppers.

Etsy Inc., the online marketplace for crafts and vintage items, is buying second-hand fashion app Depop for $1.63 billion as it seeks to expand its customer base and attract younger users.

Online marketplace Etsy announced Wednesday it is expanding into the booming clothing resale space by acquiring Gen Z-focused reseller Depop for $1.63 billion.

Image source: Getty Images. Etsy is acquiring Depop at a pricey valuation. Depop generated revenue of $70 million in 2020, which was up more than 100% from 2019.

Etsy said it is buying the social shopping app Depop — which has a reputation for selling TikTok-worthy vintage clothing — for $1.63 billion in cash.