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eBay Acquires Secondhand Fashion Platform Depop from Etsy for $1.2 Billion

Nearly five years after acquiring Depop for $1.62 billion, Etsy has sold the popular secondhand clothing marketplace to eBay for $1.2 billion. This transaction reflects changing strategies as resale apps, which surged in popularity during the pandemic, continue to shape the fashion industry.

TechCrunch
TechCrunch