Published: February 19, 2026 at 9:17 am
eBay has agreed a $1.2 billion (£890 million) deal to buy second-hand fashion marketplace Depop from Etsy.
The all-cash deal comes five years after online marketplace Etsy bought Depop for $1.6bn (£1.18bn).
Depop, which was founded in the UK in 2011, will give eBay greater volume in one of its fastest-growing categories.
In the UK and Europe, eBay is seeking to compete with rising star Vinted. In response to Vinted, eBay had already scrapped selling fees for second-hand clothes; meanwhile Vinted announced a launch into the US just weeks ago.
However Depop is expected to retain its name, brand and platform.