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%.
Etsy has a new CEO, Kruti Patel Goyal. Sales forecasts are muted, stock fell, and the company is focusing on AI to lift growth.
Walmart teams up with OpenAI to enable direct shopping through ChatGPT. Buy Walmart and Sam's Club products with a simple "buy" button starting fall 2025.
OpenAI introduces Instant Checkout in ChatGPT, allowing U.S. users to buy products from Etsy and Shopify directly through the AI chatbot.