Ebay wants Depop to help bolster its popularity among younger shoppers, with the deal expected to complete later this year.

The job cuts are occurring across the company, and are a result of its push to focus on "strategic priorities," eBay said.

EBay announced it is putting 800 jobs on the block. The company cut 6% of its workforce Thursday, just days after spending $1 ...

The e-commerce retailer is downsizing its workforce by 800 employees as it shifts ‘strategic priorities,’ and continues to ...

Etsy, which bought Depop nearly five years ago, said the deal would allow it to focus on its core marketplace business.

Depop, the second-hand clothing app that has skyrocketed in popularity among Gen Z shoppers, is being sold to eBay for $1.2bn ...

The U.K. apparel resale site, whose U.S. sales surged 60% last year, was a drag on Etsy’s margins.

Online seller eBay wants a bigger share of the Gen Z market. The online seller has agreed to purchase secondhand fashion ...

The e-commerce platform will acquire the Gen Z-favorite for about $1.2 billion, five years after Etsy bought it.

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.