Big news on the acquisition front — Etsy, the online marketplace, is acquiring secondhand fashion specialist Depop. It’s paying $1.625bn for the London-based, privately-held firm with the transaction to complete in Q3.
With Covid-19 disrupting traditional brick-and-mortar retail, e-commerce saw a boom in 2020. But according to a new report from Searchmetrics, fashion retailers lagged behind in terms of online search visibility.
Cross-border Commerce Europe, a cross-border commerce analyst, has ranked the top 100 most sustainable cross-border marketplaces in Europe. Top of the list, based on 10 factors, are Ebay, Etsy, Rakuten and Amazon.
The French start-up, created in 2019 and offering a commercial platform for consumer brands and independent retailers, has carried out a new funding round with Index Ventures and investment funds GFC, Alven and Aglaé.
Available via an official site and a dedicated Amazon shop, the debut merch collection includes t-shirts and tanks as well as accessories like baseball hats, socks, a drawstring bag and a rainbow sweatband set.