Etsy sells second-hand fashion app Depop to eBay for $1.2bn

"The mass appeal of Vinted has had an impact on Depop's value."

— Catherine Shuttleworth , Executive

"It will help boost eBay's used clothes sales, which is one of eBay's fastest-growing categories."

— Jamie Ianonne , Executive

"I am confident that Depop is well-positioned for its next phase of growth as part of eBay."

— Kruti Patel Goyal , Executive