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 Q4 revenue rose 4.3% year over year to $842.3 million, with gross merchandise sales slipping 0.7%. Net income in the quarter fell 24% to $83.3 million. The company, which also runs music gear ...

LONDON — In a sign that the circular economy is spinning faster than ever, Etsy has purchased the fashion resale app Depop for $1.6 billion. The transaction will close at the end of 2021, and ...

Etsy Inc.ETSY-1.51 % decrease; red down pointing triangle on Wednesday said it agreed to buy Depop, a privately held fashion marketplace, for $1.63 billion, making a large bet on the booming ...

Elo7 has about 1.9 million active buyers and 56,000 active sellers on its platform and is a top 10 e-commerce site in Brazil. It's a small addition for Etsy (which reported 90.7 million active ...

BROOKLYN, N.Y., June 2, 2021 /PRNewswire/ -- Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the ...

Depop is Etsy’s second acquisition in the resale space. Etsy, Inc. has signed a definitive agreement to acquire Depop, a privately held, community-led fashion marketplace, for $1.625 billion ...

LONDON — In a sign that the circular economy is spinning faster than ever, Etsy has purchased the fashion resale app Depop for $1.6 billion. The transaction will close at the end of 2021, and ...

Etsy, the online marketplace for crafts and vintage items, is buying second-hand fashion app Depop to attract younger users. About 90 percent of Depop’s active users are under the age of 26.