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June 2, 2021 10:44 am GMT

Etsy is acquiring UK-based social selling site Depop for $1.625B in a mostly-cash deal

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. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/N5uyo_1Vrbg/

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