The Depop deal comes as Etsy says it wants to become the home of multiple e-commerce brands that cater to new audiences. (Etsy bought Reverb , a marketplace for new and used musical instruments ...

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.

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

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.

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 ...

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.

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 ...

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.