None
EN
Ebay completes Depop acquisition
['Chloe Mills']
Latest Fashion & Retail Industry News | Trends & Insights - Drapers
Ebay said the Depop platform has “one of the most vibrant and fastest-growing communities” in fashion resale, alongside a “highly engaged customer base and accessibly priced fashion inventory”.
Ebay added that Depop is a “natural complement” to its offering and proposition across the market.
As part of the deal, Depop will retain its brand, platform and customer experience.
AdvertisementEbay CEO Jamie Iannone said: “As a global leader in consumer-to-consumer (C2C) and recommerce, Ebay’s acquisition of Depop further strengthens our C2C value proposition.
Depop is a natural fit with Ebay and together we can accelerate our growth while continuing to deliver the unique experience our users value.”