eBay

eBay agrees to acquire secondhand clothing app Depop from Etsy for ~$1.2B in cash; Etsy bought Depop, popular with Gen Z, in 2021 for $1.6B; ETSY jumps 5%+

The $1.2 billion deal comes as eBay looks to expand its appeal among younger users.  —  Secondhand clothing apps hit a stride during …

eBay agrees to acquire secondhand clothing app Depop from Etsy for ~$1.2B in cash; Etsy bought Depop in 2021 for $1.6B; ETSY jumps 17%+ after hours

Niko Gallogly /New York Times:

eBay agrees to acquire Tise, a social marketplace for secondhand fashion and interior design items that has raised $45M in funding, for an undisclosed sum

Aisha Malik / TechCrunch :

eBay plans to acquire online trading card marketplace TCGplayer for up to $295M; TCGplayer, which employs 600+, will operate independently

eBay acquires NFT marketplace KnownOrigin for an undisclosed sum; DappRadar: KnownOrigin enabled $7.8M in digital collectible trade volume since its 2018 launch

Oliver Knight / CoinDesk :

PE firm Permira says it has bought a 10.2% stake in Norway-listed online classifieds giant Adevinta, worth €1.9B, from eBay

Robin Wauters / Tech.eu :

South Korea retailer E-Mart buys 80% stake in eBay's South Korean business for $3B

Norway-based classified ads publisher Adevinta acquires eBay's classifieds business unit in $9.2B deal

Consolidation continues apace in the world of e-commerce, and today it was the turn of the classified ads market.  Today, eBay announced that it had reached a deal to sell off …

Sources: eBay is in advanced talks to sell its classified ads business to Norway's Adevinta for ~$8B

Deal could value eBay unit at roughly $8 billion or more  —  EBay Inc. EBAY -0.89% is in advanced talks to sell its classified-ads business to Norway's Adevinta AS ADE -0.69% A …

Shopify says it will join the Libra Association, contributing financially and operating a node that processes transactions of Facebook's stablecoin

After eBay, Visa, Stripe, and other high-profile departures, the Libra Association scored a win today with the addition of Shopify.