EBay Acquires Depop from Etsy for $1.2 Billion
Analysis based on 13 articles · First reported Feb 19, 2026 · Last updated Feb 19, 2026
The acquisition of EBay===Depop by EBay is expected to positively impact the e-commerce and fashion resale markets, driving growth in sustainable shopping. Both EBay and Etsy saw their stock prices rise following the announcement, indicating positive market sentiment for both companies' strategic moves.
EBay has agreed to acquire EBay===Depop, a popular second-hand clothing app, from Etsy for $1.2 billion. This strategic move aims to help EBay attract a younger demographic and capitalize on the growing demand for sustainable fashion. EBay===Depop, founded in London in 2011, has seen significant growth, particularly among Gen Z and Millennial shoppers, with nearly 90% of its 7 million active buyers under the age of 34. Etsy, which acquired EBay===Depop five years ago for $1.62 billion, will use the proceeds to focus on its core marketplace, share repurchases, and investments. The deal, unanimously approved by the boards of EBay and Etsy, is expected to close in the second quarter of this year. EBay===Depop is anticipated to maintain its brand, platform, and culture under EBay's ownership. Both EBay and Etsy experienced a rise in their stock prices after the announcement.
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