Online marketplace Etsy is to sell its secondhand fashion platform, Depop, to ecommerce giant eBay.
eBay chief executive Jamie Ianonne said: “Depop has built a trusted, social-forward marketplace with strong momentum in the pre-loved fashion category, and we are confident that as part of eBay, Depop will be even more well-positioned for long-term growth, benefiting from our scale, complementary offerings, and operational capabilities.
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