nytimes June 2, 2021 12:00pm Etsy is buying the fashion resale app Depop for $1.6 billion. #fashionandapparel #venturecapital #ecommerce #generationz #mergersacquisitionsanddivestitures #bostonconsultinggroup #depopmobileapp #etsyinc #poshmarkinc #thredup #vinteduab #silvermanjoshuag #europe #news Etsy is buying the fashion resale app Depop for $1.6 billion. The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic.
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