eBay Acquires Depop From Etsy for Approximately $1.2 Billion in Cash

January 1, 2026

eBay entered into a definitive agreement to acquire Depop, a mobile-first fashion resale marketplace, from Etsy for approximately $1.2 billion in cash (subject to purchase price adjustments). Etsy later completed the divestiture in July 2026 for approximately $1.4 billion in cash, reflecting the $1.2 billion purchase price plus net purchase price adjustments and interest.

Buyers
eBay Inc.
Targets
Depop
Sellers
Etsy, Inc.
Industry
E-Commerce
Location
New York, United States
Transaction Type
Divestiture

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