Rebecca Heilweil covered emerging technology, artificial intelligence, and the supply chain. On Wednesday, the shopping site Etsy announced it was buying Depop for $1.625 billion in a mostly cash ...

Etsy, Inc. (NASDAQ:ETSY) is one of the best consumer cyclical stocks to buy. On June 17, Truist Securities maintained its Buy ...

Etsy said that after the deal closes, it will operate Depop as a separate brand alongside Etsy and Reverb, a marketplace for musical instruments that it acquired in 2019. More to come.

Etsy appoints Depop exec as CTO Rafe Colburn will become Etsy’s chief technology officer on May 5, while Depop’s chief marketing officer will become the resale platform’s interim CEO.

Etsy has drawn from Depop’s leadership team after purchasing the resale platform in 2021 for $1.63 billion. The mostly-cash deal allowed the artisan marketplace to expand into the rapidly ...

Both figures include sellers and buyers across the core Etsy marketplace, Depop and Reverb. ... This article has been updated to reflect that Etsy's earnings for the quarter were 46 cents per share.

Etsy said Wednesday that it will buy Depop, an app that’s popular among young people looking to buy and sell used clothing and vintage fashions from the early 2000s.

Under Patel Goyal’s leadership, Depop, a subsidiary of Etsy, last year scrapped its 10% selling fees in the U.K. And users can now shop items associated with emerging trends on the app using AI ...

Amid increasing competition, handmade marketplace Etsy has announced a series of executive appointments and departures, aimed at advancing its mission to “keep commerce human” while putting the ...

From left, Kruti Patel Goyal photo courtesy of Etsy. Nick Daniel photo courtesy of LinkedIn. Etsy has appointed its Chief Product Officer Kruti Patel Goyal as Depop CEO following the resignation of ...