Shares of Etsy (ETSY) raced higher in Thursday’s premarket trading as a modest increase in gross merchandise sales (GMS) and ad revenue offset profit erosion and lower-than-expected total revenue. The ...
Depop, the second-hand clothing app that has skyrocketed in popularity among Gen Z shoppers, is being sold to eBay for $1.2bn (£890m). Etsy, the online platform, is offloading Depop just five years ...
Online seller eBay wants a bigger share of the Gen Z market. The online seller has agreed to purchase secondhand fashion marketplace Depop from Etsy for about $1.2 billion in cash, the companies said ...
Etsy is selling Depop, a secondhand clothing app popular with Gen Z and millennials, to eBay for $1.2 billion in cash, the company announced on Wednesday. Etsy says the deal will allow it to focus on ...
Etsy (ETSY) – a platform that connects artisans with buyers globally – experienced a 6-day decline, with total losses during this timeframe reaching 23%. As of February 17, the company’s market ...
The $1.2 billion deal comes as eBay looks to expand its appeal among younger users. By Niko Gallogly Secondhand clothing apps hit a stride during the pandemic as young shoppers sought to make a buck — ...
Ebay is set to acquire resale platform Depop from online marketplace Etsy for approximately $1.2 billion, the companies announced on Wednesday. The deal is expected to close by the second quarter of ...
Apple is offering a new Apple Pay promotion for the holidays, teaming up with Etsy to provide a $15 discount off of a purchase of $75 or more. Etsy users can get the $15 discount when making a ...
It has been about a month since the last earnings report for Etsy (ETSY). Shares have lost about 12.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Etsy's leadership transition marks a new era for the online ...
Speaking to analysts Wednesday morning, Silverman called Goyal “fabulously talented” and “a key part of Etsy's leadership for over 15 years.” He said he called her back earlier this year to Etsy’s ...
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