Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Ongoing inflation has led to a boom in sales for luxury resale platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Simon Beckerman, founder of peer-to-peer eCommerce platform Depop, popular for buying and selling used clothing, is looking to apply the same model to the food world — no, not secondhand foods, but a marketplace for independent sellers to connect with buyers. Get the Full Story...
March 06, 2024
As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go when it comes to driving penetration in secondhand retail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]
March 27, 2023
Ongoing inflation has led to a boom in sales for luxury resale platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]
July 13, 2021
Etsy has closed on its purchase of fashion marketplace Depop for roughly $1.625 billion. The purchase price consists of mainly cash and is “subject to certain adjustments,” according to a...
June 07, 2019
Depop, the U.K. startup that operates an app where individuals sell items on social feeds, has raised $62 million in venture funding. According to a report, the Series C round...