Etsy snaps up Gen-Z focussed shopping app Depop for $1.6bn
The British second-hand clothing app Depop has unique items and potential to scale up, the boss of Etsy says. …
Neil Saunders, managing director of GlobalData, said: “Over the next ten years it will become larger still, fuelled by an interest in sustainability, a desire for uniqueness, and the rise of the participatory consumer who wants to trade as well as buy.”
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