Etsy Unloads Depop After Five-Year Ownership
Brooklyn, NY– Etsy, Inc. has actually sold its subsidiary, “pre-loved” style industry Depop, marking a significant shift in its profile approach after obtaining the company in 2021 The action, introduced today, complies with a duration of review within Etsy concerning its diverse brand holdings.
- Purchase: Etsy bought Depop five years ago.
- Factor: The particular factors for the divestiture continue to be unrevealed.
- Future: Details concerning the new possession and future direction of Depop are expected to be launched soon. This sale signals a possible refocusing on Etsy’s core craftsmen industry.
