Shares of eBay and Depop’s current owner, Etsy, popped in after-hours trading.
Ebay wants Depop to help bolster its popularity among younger shoppers, with the deal expected to complete later this year.
Etsy (ETSY) stock shows renewed momentum after strong Q4 results and GMS growth. Read here for a detailed investment analysis.
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 ...