Last updated: 2026-02-20 18:02:08 ET
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The company fell short of analysts estimates for revenue and gross merchandise sales in the fourth quarter.
Deal agreed to acquire British secondhand fashion resale app from Etsy as eBay attempts to fend off AmazonGen Z in the US: how are you feeling about y...
Online seller eBay wants a bigger share of the Gen Z market.
Online seller eBay wants a bigger share of the Gen Z market
The deal comes nearly five years after Etsy purchased Depop for $1.62 billion, at a time when secondhand clothing apps were gaining traction during the pandemic.
The "pre-loved" fashion firm has been sold by Etsy just five years after it bought the firm.
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Etsy, which bought Depop nearly five years ago, said the deal would allow it to focus on its core marketplace business.
The $1.2 billion deal comes as eBay looks to expand its appeal among younger users.
