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Etsy completes acquisition of Depop, the global fashion resale marketplace for Gen Z

Etsy completes acquisition of Depop, the global fashion resale marketplace for Gen Z

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BROOKLYN, N.Y., July 13, 2021 /PRNewswire/ — Etsy, Inc. (NASDAQ: ETSY) (the “Company”), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced the completion of its previously-announced acquisition of Depop for approximately $1.625 billion consisting of primarily cash and subject to certain adjustments.

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