Naver to Acquire Poshmark

eBay Acquires Depop From Etsy for $1.2 Billion

January 1, 2026

E-Commerce

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.

NAVER to Acquire Wattpad for Cash and Stock Valued at Over $600 Million

January 19, 2021

Media & Entertainment

NAVER, the South Korean internet conglomerate and home of WEBTOON, announced that it has a definitive agreement to acquire Wattpad in a cash-and-stock transaction valued at more than an estimated USD $600 million. The acquisition is expected to close in Q2 2021, subject to regulatory approvals and customary closing conditions, and Wattpad will remain headquartered in Canada under the continued leadership of its founders.

Etsy Acquires Depop for $1.625 Billion

June 2, 2021

E-Commerce

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.

Poshmark Acquires Suede One

October 13, 2021

AI & Machine Learning

Poshmark, Inc. has acquired Suede One, a startup that uses machine learning, computer vision and human review to virtually authenticate sneakers. The Suede One team will join Poshmark to expand and scale authentication capabilities across sneakers and other high-growth resale categories, enhancing trust and the user experience on Poshmark's marketplace.

Vestiaire Collective Acquires Tradesy

March 15, 2022

E-Commerce

Paris-based Vestiaire Collective has acquired Tradesy, the Los Angeles-based peer-to-peer luxury fashion resale platform. The deal brings together two major resale marketplaces to expand Vestiaire Collective’s presence and scale in the US, increase membership and inventory, and accelerate circularity and authentication capabilities across both platforms.

Naver Funds Merge of Wattpad and WEBTOON Studio Divisions to Form Wattpad WEBTOON Studios

June 24, 2021

Media & Entertainment

Naver is committing USD $100 million to finance the newly created Wattpad WEBTOON Studios, a merger of Wattpad Studios and WEBTOON Studios that combines both companies' IP libraries and audiences to develop TV, film and book adaptations. The new global studio, led by Aron Levitz as President, will unify entertainment development and production across WEBTOON and Wattpad's catalogs to scale IP-driven content worldwide.