eBay Acquires Depop From Etsy for $1.2 Billion
January 1, 2026
eBay and Etsy entered into a definitive agreement under which eBay will acquire Depop for approximately $1.2 billion in cash, subject to purchase price adjustments. The deal is intended to strengthen eBay’s consumer-to-consumer (C2C) fashion resale offering by adding Depop’s Gen Z- and Millennial-focused marketplace. The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions and regulatory approvals.
- Buyers
- eBay
- Targets
- Depop
- Sellers
- Etsy
- Industry
- E-Commerce
- Transaction Type
- Buyout
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