Etsy completed the sale of its wholly-owned subsidiary Depop to eBay on July 30, 2026, receiving approximately $1.4 billion in cash. This amount reflects a base purchase price of $1.2 billion plus $200 million in net purchase price adjustments and interest. The transaction allows Etsy to focus exclusively on its core marketplace for unique and creative goods. Proceeds are intended for general corporate purposes, including accelerating share repurchases. Etsy operates an online marketplace connecting creative entrepreneurs with buyers.
