Depop has hands-down the best design of any resale platform right now. The retail platform eBay is set to acquire fashion ...
Most of Depop's customers are Gen Z, offering eBay a chance to expand into a younger demographic. Online marketplace eBay ...
At the time, Etsy, the digital marketplace that allows small artisans and designers to reach a mass market of consumers, took ...
Bay cuts 800 jobs while investing in AI and acquiring Depop for $1.2 billion, reshaping its workforce to compete in the booming recommerce market.
With the Depop acquisition, eBay aims to boost its fashion business, attract younger demographics, and capitalize on the booming recommerce market.
eBay is officially making a massive power move to win over Gen Z. The e-commerce giant has reached a deal to buy Depop, the ...
Etsy shares jumped after the company said it would sell Depop to eBay for $1.2 billion in cash. The company also issued results for the fourth quarter. Earnings topped estimates, but revenue and gross ...
E-commerce retailer eBay is downsizing its workforce by 800 employees as it shifts 'strategic priorities,' and continues to invest in AI.
Etsy will sell Depop to eBay for about $1.2 billion, reversing its 2021 acquisition and refocusing on the Etsy marketplace.
The U.K. apparel resale site, whose U.S. sales surged 60% last year, was a drag on Etsy’s margins.
Etsy on Wednesday said it was selling the online secondhand-clothing site Depop to eBay for around $1.2 billion, in an effort to focus more deeply on its main marketplace business.
Bay to cut up to 800 jobs (6%) as it streamlines operations and reinvests in priorities, following its $1.2B Depop deal.