Depop
Social shopping app
Positive
Negative
Entity sentiment
Reports
News
Opinions
Statements
Articles
Relations
business Feb 27, 2026, 8:13 AM
eBay cuts 800 jobs after acquiring Depop for $1.2 billion - eBay has laid off 800 employees as part of a strategic restructuring effort.
- The layoffs follow eBay's acquisition of Depop for $1.2 billion.
- These job cuts reflect the company's aim to align its workforce with future business priorities and market trends.
200
business Feb 19, 2026, 11:23 AM
eBay acquires Depop for $1.2 billion to attract Gen Z market - eBay has announced the acquisition of Depop from Etsy for approximately $1.2 billion in cash.
- Depop boasts 7 million active buyers, with nearly 90% under the age of 34, making it appealing for eBay's target youth demographic.
- This acquisition is seen as a strategic move for eBay to enhance its growth and competitiveness in the online retail market.
100
business Feb 19, 2026, 9:45 AM
eBay acquires Depop to boost appeal among younger fashion consumers - Etsy is selling Depop to eBay for $1.2 billion after purchasing it for $1.6 billion in 2021.
- The U.S. second-hand apparel market is projected to grow significantly, reflecting a shift toward sustainable fashion choices.
- eBay's acquisition aims to strengthen its fashion sales and appeal to younger consumers.
100
business Feb 19, 2026, 4:55 AM
eBay acquires Depop for $1.2 billion to capture younger fashion market - eBay is set to purchase Depop from Etsy for $1.2 billion, enhancing its presence in the resale fashion market.
- The acquisition aligns with rising consumer demand for sustainable clothing alternatives.
- Experts believe this move will strengthen eBay's appeal to a younger demographic, supporting long-term growth.
100
business Feb 18, 2026, 11:40 PM
Etsy sells Depop to eBay amid market challenges - Etsy sold Depop to eBay for $1.2 billion to refocus on its core business.
- Depop has a significant youth consumer base, with 90% of its users under 34 years old.
- The acquisition is expected to boost eBay's used clothing sales and attract a younger demographic.
100
2026 All rights reserved
2026 All rights reserved