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

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

Key Points GAAP revenue for Q2 2025 surpassed expectations, reaching $672.7 million, while GAAP earnings per share fell sharply short at $0.25 in Q2 2025 due to foreign exchange losses. Gross ...

Peter Semple, who officially takes the helm on Friday, has been serving in the role on an interim basis since May.

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 ...

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.

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.

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 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.