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/PRNewswire/ -- Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers...

Fashion app Depop to be bought by Etsy for $1.6bn The business has an office in Manchester as well as its London HQ Don't miss a thing by getting the day's biggest stories sent direct to your inboxInvalid EmailSomething went wrong, please try again later. Click here When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Generation Z-focused resale fashion app business Depop is to snapped up by Etsy in a deal worth...

Etsy to acquire Depop Founded in 2011, Depop is a privately-owned, community-powered marketplace to buy and sell clothing, footwear and accessories. Following the closing of the transaction, Depop will continue to be headquartered in London and operate as a standalone marketplace under its existing brand and will be run by its existing leadership team. Etsy will operate three ecommerce brands: Etsy, Reverb, and Depop. Depop’s CEO, Maria Raga, said: “We’re on an incredible journey building Depop into a place where the next generation comes to explore unique fashion and be part of a comm...

Very big news today coming out of Europe in the world of e-commerce. Etsy, the New York-based marketplace where crafty creators and those interested in their styles can discover and buy those goods, today announced that it is acquiring Depop, a London-based marketplace targeting millennial and Gen-Z consumers with a new take on social shopping. […]