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Depop has joined Reverb and Etsy's own brand to add to Etsy's collection of online buying and selling platforms. [21] For Etsy, this acquisition maintains the company's foothold in the clothing industry and allows the company to expand its customer base to a younger demographic; at the same time, Depop is now able to make use of Etsy's company ...
Approximately 90% of Depop's active users are under the age of 26
LONDON — In a sign that the circular economy is spinning faster than ever, Etsy has purchased the fashion resale app Depop for $1.6 billion. The transaction will close at the end of 2021, and ...
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Etsy, Inc. is an American e-commerce company with an emphasis on the selling of handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home decor, religious items, furniture, toys, art, as well as craft supplies and tools.
E-commerce platforms which promote small businesses, [13] such as Depop and Etsy, grew by offering vintage, homemade, or resold clothing from individual sellers. Thrifting has also exploded in popularity due to it being centered around finding valuable pieces of clothing at a reasonable price.
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