#Etsy buying Gen Z-oriented clothing app Depop for $1.63B
“#Etsy buying Gen Z-oriented clothing app Depop for $1.63B” Etsy is making an outsize bet on Gen Z’s vintage clothing craze. The Brooklyn-based arts-and-crafts site said Wednesday it is buying the social shopping app Depop — which has a reputation for selling TikTok-worthy vintage clothing — for $1.63 billion in cash. London-based Depop, founded in…