Etsy sells second-hand clothing marketplace Depop to eBay for $1.2 billion | TechCrunch
Etsy announced Wednesday that it is selling Depop, the second-hand clothing app popular with Generation Z and millennials, to eBay for $1.2 billion in cash. Etsy says the deal will allow it to focus on its own marketplace. The deal comes nearly five years after Etsy acquired Depop for $1.62 billion, at a time when … Read more