Bay (NasdaqGS:EBAY) has settled a high profile harassment lawsuit involving company employees and executives, closing a multi ...

The job cuts are occurring across the company, and are a result of its push to focus on "strategic priorities," eBay said.

With the Depop acquisition, eBay aims to boost its fashion business, attract younger demographics, and capitalize on the booming recommerce market.

The e-commerce platform will acquire the Gen Z-favorite for about $1.2 billion, five years after Etsy bought it.

There’s a reason eBay paid $1.2 billion to acquire the e-commerce platform.

Deal agreed to acquire British secondhand fashion resale app from Etsy as eBay attempts to fend off Amazon ...

Bay (NASDAQ:EBAY) has agreed to buy secondhand fashion marketplace Depop from Etsy for about $1.2 billion in cash, as the U.S. e-commerce group looks to ...

Depop, the second-hand clothing app that has skyrocketed in popularity among Gen Z shoppers, is being sold to eBay for $1.2bn ...

eBay ( EBAY) on Wednesday said it would buy C2C fashion marketplace firm Depop from Etsy ( ETSY) for about $1.2 billion in cash, as the e-commerce company tries to deepen its hold in the resale space.

Depop will continue to operate under its existing name, brand identity, platform and culture after the acquisition.

TapCaps, launched by Twitch streamers Clix and Lacy, have already started appearing on resale sites at significantly higher prices.

The U.K. apparel resale site, whose U.S. sales surged 60% last year, was a drag on Etsy’s margins.