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Etsy sells secondhand clothing marketplace Depop to eBay for $1.2B
Market Intelligence Analysis
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Why This Matters
Etsy has sold Depop, a secondhand clothing marketplace, to eBay for $1.2 billion, marking a significant reversal of its 2019 acquisition of the platform for $1.62 billion.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The deal comes nearly five years after Etsy purchased Depop for $1.62 billion, at a time when secondhand clothing apps were gaining traction during the pandemic.
Original article published by
TechCrunch
on February 19, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.