EBay to Buy Depop From Etsy for $1.2 Billion - The Wall Street Journal

EBay to Buy Depop From Etsy for $1.2 Billion The Wall Street Journal

18 Feb, 22:01 — 18 Feb, 23:23

High (51/100)

4 sourcesNarrow spread3 regions

Why this matters

This acquisition is a significant move in the e-commerce and second-hand fashion market, highlighting the growing importance of 're-commerce' and strategic shifts for major platforms. It indicates how established companies like Etsy and eBay are adapting to market trends and optimizing their business portfolios.

Perspective Analysis

AI-generated comparison of how 4 sources cover this story

News outlets uniformly report that eBay is acquiring Depop from Etsy for $1.2 billion, a significant transaction in the e-commerce sector. While the core fact of the acquisition is consistent across all sources, some outlets provide additional context regarding Etsy's strategic motivations and the market's reaction.

Political spectrum

LeftCenterRight

reuters

marketwatch

bbc

wsj

Outlet rating This story

SourceOutletiGeneral editorial lean of the outletStoryiHow they covered this specific storyTone

Reuterscentercenterneutralobjective reporting of corporate acquisition

marketwatchcentercenteranalyticalemphasizes financial impact and strategic rationale

BBCcentercenterneutralprovides background context on acquired company

wsj

Coverage leans: balanced

The coverage is largely balanced, focusing on the factual reporting of a corporate acquisition without significant political framing or ideological leanings. Outlets primarily differ in the depth of financial and historical context provided.

What sources agree on

EBay is buying Depop from Etsy.
The acquisition price for Depop is $1.2 billion.
The transaction involves the online secondhand-clothing site Depop.

Where they diverge

the strategic rationale and market impact of the sale

marketwatch

This outlet frames the sale as Etsy's move to focus on its main business, noting that both Etsy and eBay stocks are rallying in response.

wsjBBCReuters

These outlets report the acquisition as a straightforward business transaction without detailing Etsy's strategic reasons or market reactions.

Key claims2 agreed · 3 unverified

✓

EBay is buying Depop from Etsy.

agreed·marketwatchwsjBBCReuters

✓

The acquisition price is $1.2 billion.

agreed·marketwatchwsjBBC

Coverage gaps

Etsy's strategic reason for selling Depop to focus on its main marketplace business, and the rallying of both Etsy and eBay stocks.

Reportedmarketwatch

MissingwsjBBCReuters

Depop being a 'pre-loved' fashion firm and Etsy having bought it five years prior.

ReportedBBC

MissingmarketwatchwsjReuters

Perspective Analysis

Comparing sources…

How outlets covered this

Left-leaning

No articles

Center

marketwatch

Right-leaning

No articles

Key entities

EBayacquiring company Depopacquired company Etsyselling company

Coverage Timeline

First report: Reuters · 18 Feb, 22:01|Full coverage: All 4 sources within 1h|Window: 1h

Left-leaningCenterRight-leaning

Reuters18 Feb, 22:01First to report

Etsy is selling Depop to eBay at a markdown, in latest move to focus on basics. Both stocks are rallying.

Read at source (4 outlets)

marketwatch5d ago

Etsy is selling Depop to eBay at a markdown, in latest move to focus on basics. Both stocks are rallying.

Etsy on Wednesday said it was selling the online secondhand-clothing site Depop to eBay for around $1.2 billion, in an effort to focus more deeply on its main marketplace business.

By Bill Peters

Read full article →

wsj5d ago