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eBay Just Bought a Clothing Resale App With a ‘Cult Following’ for $1.2 Billion — Here’s Why

February 19, 2026
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eBay Just Bought a Clothing Resale App With a ‘Cult Following’ for $1.2 Billion — Here’s Why

The company is acquiring Gen Z-favorite Depop from Etsy.

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David Kim

David Kim

Business Correspondent

Analyzing market trends and corporate strategies. detailed insights into the business world.