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The online seller is making a long-term bet on fashion marketplace Depop as the company’s overall buyers continue to drop.
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Q2 2025 Management View CEO Joshua G. Silverman highlighted that "our performance in the quarter is directly related to the ...
Key Points GAAP revenue for Q2 2025 surpassed expectations, reaching $672.7 million, while GAAP earnings per share fell sharply short at $0.25 in Q2 2025 due to foreign exchange losses. Gross ...
Etsy is in the middle of multiple initiatives to return to gross merchandise sales growth, starting with increasing the ...
The company’s ranking model has lost steam, so it is retooling its platform to leverage large language models and generative ...
Peter Semple, who officially takes the helm on Friday, has been serving in the role on an interim basis since May.
Online marketplace Etsy announced Wednesday it is expanding into the booming clothing resale space by acquiring Gen Z-focused reseller Depop for $1.63 billion.
Etsy Inc., the online marketplace for crafts and vintage items, is buying second-hand fashion app Depop for $1.63 billion as it seeks to expand its customer base and attract younger users.
In 2020, Depop's gross merchandise sales (GMS) increased 100% year-over-year and the company's revenue climbed to $70 million. Etsy said Depop is the tenth most visited shopping site among Gen Z ...
Etsy, Inc.’s “house of brands” portfolio also includes fashion resale marketplace Depop, musical instrument marketplace Reverb, and Brazil -based handmade goods marketplace Elo7.
Etsy said it is buying the social shopping app Depop — which has a reputation for selling TikTok-worthy vintage clothing — for $1.63 billion in cash.
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