Bay cuts 800 jobs while investing in AI and acquiring Depop for $1.2 billion, reshaping its workforce to compete in the booming recommerce market.

The layoff announcement comes a week after eBay agreed to buy secondhand-clothing site Depop and follows job cuts earlier this year by Amazon and Pinterest EBay's stock is up almost 30% over the past ...

Refurbished tech marketplace Back Market wants to make circularity the new normal. Between regulations, marketing and retail ...

During one of my late-night Depop scrolls, I came across a generic branded, somewhat damaged coat that was listed for $50. I rolled my eyes and checked the seller’s account; they had hundreds of ...

Etsy looks even more attractive after the sale of a major business, according to some analysts. The e-commerce company announced Feb. 18 it agreed to sell agreed to sell Depop to eBay for $1.2 billion ...

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...

The deal was announced on February 18 in a press release from Etsy. It’s expected to close some time in the second quarter of 2026, and, per an email sent to Depop’s customers, after the merger Depop ...

Etsy has agreed to sell Depop to eBay for $1.2bn, a 25% discount to its 2021 purchase price, as eBay targets Gen Z resale shoppers.

But from a pure UX and design standpoint, Depop is far outperforming its competitors by taking its major design cues from ...

Depop is a peer-to-peer circular fashion marketplace that has become hugely popular with younger buyers since it was founded ...

WASHINGTON (AP) — U.S. applications for unemployment benefits fell last week as layoffs remain at historically low levels.

WASHINGTON (AP) — The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries.