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UK competition watchdog launches probe into eBay's purchase of Depop

UK competition watchdog launches probe into eBay's purchase of Depop
Channel News Asia Monday 08 June 2026, 09:10 UTC 1 min read
Key Points

UK competition watchdog launches probe into eBay's purchase of Depop June 8 : The UK competition regulator on Monday launched a probe into eBay's $1.2 billion purchase of Gen Z-focused fashion resale platform Depop from Etsy. The deal was announced earlier this year and is expected to help Etsy double down on its core handmade and vintage goods marketplace in pursuit of a turnaround.

UK competition watchdog launches probe into eBay's purchase of Depop June 8 : The UK competition regulator on Monday launched a probe into eBay's $1.2 billion purchase of Gen Z-focused fashion resale platform Depop from Etsy. The deal was announced earlier this year and is expected to help Etsy double down on its core handmade and vintage goods marketplace in pursuit of a turnaround. The firm has been grappling with softer demand and strong competition from online e-commerce platforms such as Amazon. Etsy and ebay did not immediately respond to Reuters' requests for comment.
UK (LOCATION) eBay (ORG) Depop (PERSON) Gen Z (ORG) Etsy (ORG) Amazon (ORG)
Originally published by Channel News Asia Read original →

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