economy
February 18, 2026
Etsy stock pops 17% on sale of Depop to eBay for $1.2 billion
EBay plans to acquire Etsy's secondhand clothing marketplace Depop for about $1.2 billion in cash, the companies said.
TL;DR
- EBay plans to acquire Depop from Etsy for approximately $1.2 billion in cash.
- Etsy's stock increased by over 17% following the announcement of the deal.
- The acquisition allows Etsy to focus on its core marketplace business.
- Depop is a popular platform for younger consumers, with 90% of its users under 34.
- Etsy had previously acquired Depop nearly five years ago.
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