Etsy completes sale of Depop to eBay for about USD 1.4 billion

Reuters2026/07/30 12:12

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Etsy completed the previously announced sale of Depop to eBay for about USD 1.4 billion in cash.
Price reflected a USD 1.2 billion purchase price, USD 200 million of net purchase price adjustments and interest.
Etsy expects to use proceeds for general corporate purposes, including accelerating its share repurchase program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Etsy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607300808PR_NEWS_USPR_____NY15897) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Etsy completes sale of Depop to eBay for about USD 1.4 billion

You may also like

Crypto prices