Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone. Etsy, Poshmark and Depop took the concept a bit further, with direct eCommerce conduits to higher-end fashion. As Jelena Zec, director of venture investing...
Ongoing inflation has led to a boom in sales for luxury resale platforms. It has also made consumers more likely to haggle over prices to get the best deal for pre-owned clothing and accessories. For example, one reseller, Beaux Abington, who sells products on the Etsy-owned Depop and...
Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions. Scaling these findings up and it’s clear that extending the life of garments could dramatically reduce the environmental impact of...
Simon Beckerman, founder of peer-to-peer eCommerce platform Depop, popular for buying and selling used clothing, is looking to apply the same model to the food world — no, not secondhand foods, but a marketplace for independent sellers to connect with buyers. Said marketplace, DELLI, announced...
March 06, 2024
As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go when it comes to driving penetration in secondhand retail. Discussing the opportunity that the category presents, Depop owner Etsy shared on its most recent earnings call that as the resale marketplace’s performance has improved, there is […]
March 27, 2023
Ongoing inflation has led to a boom in sales for luxury resale platforms. It has also made consumers more likely to haggle over prices to get the best deal for pre-owned clothing and accessories. For example, one reseller, Beaux Abington, who sells products on the Etsy-owned Depop and has noticed an increase in buyers chasing deals — to […]
July 13, 2021
Etsy has closed on its purchase of fashion marketplace Depop for roughly $1.625 billion. The purchase price consists of mainly cash and is “subject to certain adjustments,” according to a...
June 07, 2019
Depop, the U.K. startup that operates an app where individuals sell items on social feeds, has raised $62 million in venture funding. According to a report, the Series C round...
