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Clothing & Shoes

Etsy to acquire Depop for over $1.6bn

The deal, which is expected to be completed in Q3 FY21, will see Depop continue to be headquartered in London and run by its existing leadership team

Etsy, the two-sided online marketplace operator, has announced its acquisition of the community-led fashion resale marketplace Depop for $1.625bn (£1.15bn).

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