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“Online retailer eBay buying Gen Z secondhand marketplace Depop from Etsy for $1.2B in cash” Online seller eBay wants a bigger share of the Gen Z market. The online seller has agreed to purchase secondhand fashion marketplace Depop from Etsy for about $1.2 billion in cash, the companies said Wednesday. The deal comes at a…
Etsy is selling Depop, a secondhand clothing app popular with Gen Z and millennials, to eBay for $1.2 billion in cash, the company announced on Wednesday. Etsy says the deal will allow it to focus on its own marketplace. The deal comes nearly five years after Etsy acquired Depop for $1.62 billion, at a time…
Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump’s tariffs. However, based on the comments made by eBay and Etsy earlier this week, both don’t appear to be overly concerned. The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of…
Meta is set to start displaying eBay listings in its own Facebook Marketplace classifieds platform, in an effort to appease European regulators. Back in November, Meta was hit with a €798 million fine by the European Commission (EC) in Europe for breaching antitrust rules. The EC contended that Meta created “unfair trading conditions” by connecting…
” OpenSea implements 0% fees: Nifty Newsletter, Feb 15–21 “ In this week’s newsletter, read about how eBay’s nonfungible token (NFT) platform launched a new creator smart contract. Learn how OpenSea plans to win back its users from its competitor, Blur, and check out why Yuga Labs was accused of intellectual property (IP) theft over…
” eBay NFT platform KnownOrigin launches creator smart contract “ According to a new twitter post on Feb. 16, e-commerce platform eBay’s nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users…
” Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more “ Bitcoin Ordinals causes fees to spike The Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and in the process is hiking the transaction fees on the network. The divisive newly launched protocol allows for nonfungible…
“Yeezy sneakers flood resale market after Adidas drops Kanye West over anti-Semitic outburst” Kanye West’s Yeezy sneakers are flooding the resale market as many collectors unload the footwear in the wake of Adidas’ decision to stop selling the brand after the rapper’s anti-Semitic rants. Google searches for “sell Yeezy” skyrocketed by nearly 600% worldwide on Oct….
“Ex-eBay exec gets nearly five years in prison over stalking scheme” A former eBay executive was sentenced to nearly five years in prison for sending live spiders, cockroaches, a funeral wreath and other disturbing packages to harass a couple who ran an online newsletter that criticized the company. James Baugh, the e-tailer’s former senior director…
“Johnny Depp, Amber Heard trial notebook sells for $15K, wristbands now on eBay for $5K” A practicing attorney from Kentucky, who attended the Johnny Depp v. Amber Heard defamation trial, is auctioning off the wristbands that gave him a front-row seat to the action. Larry Forman, who was not involved professionally in the case, told…