Etsy Acquires Depop for $1.625 Billion

June 2, 2021

Etsy, Inc. agreed to acquire Depop, a London‑headquartered fashion resale marketplace, for $1.625 billion in a cash‑heavy deal. Depop will operate as a standalone, community‑led marketplace under Etsy’s ‘house of brands,’ expanding Etsy’s presence in the fast‑growing Gen Z resale apparel market.

Buyers
Etsy, Inc.
Targets
Depop
Industry
E-Commerce
Location
England, United Kingdom
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.