Feb 19, 2026
eBay Stock Jumps as Company Acquires Depop from Etsy for $1.2 Billion in Cash
TLDR eBay is buying Depop from Etsy for $1.2 billion in cash, deal expected to close Q2 2026. Depop hit $1 billion in gross merchandise sales in 2025, with ~60% U.S. growth year-over-year. eBay stock rose ~6.7% and Etsy stock surged ~16.9% after the announcement. eBay beat Q4 estimates: adjusted EPS of $1.41 vs. $1.35 [...]
The post eBay Stock Jumps as Company Acquires Depop from Etsy for $1.2 Billion in Cash appeared first on Blockonomi.
Source: Blockonomi →Related News
- 59 minutes ago
Vitalik Buterin: Proof-of-Stake Is More Secure and Resilient Than Proof-of-Work
- 1 hour ago
Injective Flips Bearish Structure After Monthly Order Block Holds: What’s Next f...
- 1 hour ago
Tesla Terafab: Elon Musk’s $25 Billion Chip Factory That Could Disrupt the Semic...
- 1 hour ago
The SEC and CFTC join hands: State of Crypto
- 2 hours ago
U.S. Oil Companies Post Record Profits as Oil Prices Break $100
