Etsy is selling Depop to eBay at a markdown, in latest move to focus on basics. Both stocks are rallying.

MarketWatch
by Bill Peters
February 18, 2026
Etsy on Wednesday said it was selling the online secondhand-clothing site Depop to eBay for around $1.2 billion, in an effort to focus more deeply on its main marketplace business.
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Originally published on MarketWatch on 2/18/2026