eBay to acquire Depop from Etsy for $1.2 billion in cash
US online marketplace eBay has agreed to acquire fashion resale platform Depop from Etsy in a $1.2 billion all-cash deal. The transaction is expected to close in the second quarter of 2026. Depop will continue to operate under its existing name, brand identity, platform and culture following the acquisition. Depop operates as a mobile-first consumer-to-consumer…