eBay Acquires Depop for $1.2B to Target Gen Z Fashion Shoppers
eBay buys Depop from Etsy for ~$1.2B, boosting its fashion resale with 7M young buyers (90% under 34). Q4 revenue +15% to $3B, shares up 7%.
eBay buys Depop from Etsy for ~$1.2B, boosting its fashion resale with 7M young buyers (90% under 34). Q4 revenue +15% to $3B, shares up 7%.
Online used-car giant Carvana misses profit forecasts due to higher costs, sending shares plunging 21% after hours despite record sales and revenue growth.
DoorDash had a great Q4 (more orders, more revenue), but Q1 profits will be lower than expected due to costs from buying Deliveroo, winter storms, and higher driver pay. Long-term, they're building one global platform.
Snap's direct revenue (like Snapchat+ subscriptions) reaches $1 billion annualized run rate with over 25 million subscribers, showing strong growth beyond ads in a tough social media market.
SM Energy agrees to sell $950M South Texas oil & gas assets (61K acres, 260 wells) to Caturus Energy. Proceeds will reduce debt and strengthen the balance sheet. Deal closes Q2 2026.
Activist investor Nelson Peltz says Wendy's stock is undervalued in a new SEC filing, sparking a big price surge. His firm eyes big moves like a possible buyout as the chain faces sales challenges.