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 [...]

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Source: Blockonomi →