Explainer: How eBay’s acquisition of Depop is heating up the fashion resale market

Depop

Competition in the resale market is heating up after eBay announced it was snapping up Depop, the pre-loved fashion app popular among Gen Zs and millennials.  

The global online marketplace said it was looking to “capture a younger demographic” in its quest to dominate the secondhand market. 

 

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