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AI IntelligenceFeb 18, 2026Secondary Market
Article

ETSY

Etsy agreed to sell secondhand clothing app Depop to eBay for approximately $1.2 billion in cash. Etsy originally acquired Depop in 2021 for $1.6 billion. ETSY shares jumped 17%+ in after-hours trading on the news of the divestiture.

Data Cube AI EditorialSource: Techmeme
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Source Brief

Etsy agreed to sell secondhand clothing app Depop to eBay for approximately $1.2 billion in cash. Etsy originally acquired Depop in 2021 for $1.6 billion. ETSY shares jumped 17%+ in after-hours trading on the news of the divestiture.