Etsy announces it’s acquiring Depop
Etsy announced its plans to acquire the secondhand fashion marketplace Depop for $1.6 billion, in a deal that, according to the New York Times, is expected to close in the third quarter of 2021. And CNBC's coverage included a statement from Etsy CEO Josh Silverman which read, "Depop's world-class management team and employees have done a fantastic job nurturing this community and driving organic, authentic growth in a way that aligns well with […]