Etsy says it is buying the fashion resale app Depop for $1.6B in an all cash deal (Elizabeth Paton/New York Times)

Elizabeth Paton / New York Times:
Etsy says it is buying the fashion resale app Depop for $1.6B in an all cash deal  —  The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic.  —  Depop, the fashion resale marketplace beloved by Generation Z …

Source: http://www.techmeme.com/210602/p6#a210602p6

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