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:
Etsy agrees to sell Reverb, an online musical instruments marketplace that it acquired for $275M in 2019, to investors Creator Partners and Servco
Music Marketplace Eyes ‘Exciting Changes’ Under New Owners Creator Partners and Servco Elizabeth Dilts Marshall / Billboard : Reverb Sold By Etsy to Fender Parent and Firm Led By SoundCloud Alum Blues...
Activist investor Elliott Management builds a “sizable” Etsy stake, a source says a roughly 13% position, and Elliott partner Marc Steinberg joins Etsy's board
- Activist investor Elliott Management has a “sizable” investment in e-commerce firm Etsy.
Amazon is growing its shipping service for companies like Etsy and Walmart using its efficient logistics network, gaining a slice of its competitors' businesses
to fulfil orders for customers around the world, regardless of where the transaction occurs.” https://www.ft.com/...
Etsy says it will acquire Brazilian marketplace for creators Elo7 for $217M; the brand will remain standalone, operating out of Sao Paulo
On the heels of Etsy's huge deal to acquire Depop to open the door to more social selling, targeting younger users, and deeply expand in Europe …
Etsy says it is buying the London-based fashion resale app Depop, popular with Gen Z, for $1.6B in an all-cash deal
The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic. — Depop, the fashion resale marketplace beloved …
Etsy to acquire Reverb, a marketplace for new and used musical instruments, in a cash deal worth ~$275M; Reverb raised nearly $50M from Max Levchin and others
Paul Sawers / VentureBeat :
Etsy to acquire Reverb, a marketplace for new and used musical instruments, in a cash deal worth ~$275M; Reverb raised nearly $50M from Max Levchin and others
Etsy has announced plans to acquire Reverb, a marketplace for new and used musical instruments, in a cash deal worth approximately $275 million.