Etsy is selling Depop to eBay at a markdown, in latest mo...

Etsy on Wednesday dropped it was selling the online secondhand-clothing site Depop to eBay for around $1.

What’s Happening

Let’s talk about Etsy on Wednesday dropped it was selling the online secondhand-clothing site Depop to eBay for around $1.

2 billion, in an effort to focus more deeply on its main marketplace business. (and honestly, same)

The business implications here could be significant in the coming months.

This reflects broader trends we’re seeing in the business world right now.

This story is still developing, and we’ll keep you updated as more info drops.

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