Tag: unique

eBay to Acquire Depop from Etsy

eBay Inc. a global commerce leader that connects millions of buyers and sellers around the world, and Etsy, Inc. the global marketplace for unique and creative goods, today jointly announced that they have entered into a definitive agreement under which eBay will acquire Depop, a leading C2C fashion marketplace with deep recommerce roots and a highly-engaged Gen Z and Millennial customer base, for approximately $1.2 billion in cash, subject to certain purchase price adjustments.

Depop is a mobile-first, community-powered fashion marketplace experiencing strong momentum with annual gross merchandise sales (GMS) of approximately $1 billion in 2025, including nearly 60% year-over-year growth in the U.S. As of December 31, 2025 the marketplace had 7 million active buyers, nearly 90% of which are under the age of 34, and more than 3 million active sellers — Depop has built a platform where anyone can buy, sell, explore and discover incredible secondhand fashion.

“Depop has built a trusted, social-forward marketplace with strong momentum in the pre-loved fashion category, and we are confident that as part of eBay, Depop will be even more well-positioned for long-term growth, benefiting from our scale, complementary offerings, and operational capabilities,” said Jamie Ianonne, Chief Executive Officer of eBay. “A key C2C driver, fashion represents more than $10 billion in annual gross merchandise volume (GMV) for eBay and delivered 10% year-over-year GMV growth in the U.S. in 2025. This acquisition presents an opportunity to advance one of our newest and fastest-growing Focus Categories with a marketplace that complements our existing presence, and enables us to reach a younger demographic across the expanding recommerce landscape. We’re excited to welcome the Depop team to eBay, and look forward to building on what makes them unique – their brand, culture and community – to deliver compelling benefits to buyers and sellers.”

“We are excited that this transaction allows us to focus exclusively on the compelling opportunity we see in front of us: to grow the Etsy marketplace in ways that matter most to our buyers and sellers,” said Kruti Patel Goyal, Chief Executive Officer of Etsy. “We believe this transaction is a great outcome for Etsy’s shareholders, and a positive next step for all involved. We are proud of what the Depop team has built – a truly differentiated brand and product, grounded in clear purpose and strong community – becoming one of the fastest-growing fashion resale marketplaces in the U.S. I am confident that Depop is well-positioned for its next phase of growth as part of eBay.”

The addition of Depop will accelerate eBay’s C2C strategy by deepening its reach with younger, fashion-forward consumers and expanding its presence in one of the most dynamic areas of resale. As part of eBay, Depop will benefit from eBay’s global scale and suite of capabilities, including its financial services, shipping solutions, and trusted experiences like Authenticity Guarantee to further accelerate growth and enhance the buyer and seller experience. eBay will also expand the visibility of Depop’s inventory, including through cross-listing opportunities, which will amplify global demand and unlock additional market opportunity.

Peter Semple, Chief Executive officer of Depop, added, “We’re thrilled to begin this next chapter with eBay, whose experience in the C2C fashion space and shared belief in people, opportunity, and a more sustainable future positions us to meaningfully accelerate our marketplace in the U.S. and beyond. This transaction is a testament to the significant growth we have delivered as we have evolved our product experience and strengthened our brand’s place in the world. We’re very grateful to Kruti and the Etsy team for their partnership in advancing Depop’s business and mission to make fashion circular.”

Transaction Details and Closing

eBay intends to fund the transaction with cash on hand. Etsy plans to utilize the proceeds for general corporate purposes, continued share repurchases and investment in its core marketplace.

The transaction, which has been unanimously approved by eBay’s and Etsy’s Board of Directors, is currently expected to close in the second quarter of 2026, subject to the satisfaction of certain closing conditions and receipt of required regulatory approvals.

Following the closing of the transaction, Depop is expected to retain its name, brand, platform, and complementary culture.

Earnings Results and Investor Calls

In a separate press release issued today, eBay reported its fourth quarter and full year 2025 financial results and provided its outlook for first quarter 2026. eBay will host a conference call to discuss its results and the acquisition of Depop at 2:00 PM PT / 5:00 PM ET today.

Tomorrow, Etsy will report its fourth quarter and full year 2025 financial results and provide its outlook for first quarter 2026. Etsy will host a conference call to discuss its results and provide additional commentary on its sale of Depop at 5:30 AM PT / 8:30 AM ET tomorrow.

A live webcast of each company’s investor conference calls can be accessed through eBay’s and Etsy’s investor relations websites, respectively.

10 Unique Sports Betting Tips and Hacks that Sharp Punters Use

Sports betting is one of the oldest forms of gambling. While luck is a significant factor, there are strategies and techniques used by sharp punters to increase their chances of success. Beginner bettors make common mistakes, but these can be avoided with the right advice. Those mistakes include relying too heavily on luck, not researching or understanding the sport they are betting on, and placing too many bets. Here are ten unique sports betting tips and hacks that sharp punters use to give themselves an edge when placing their wagers:

1. Start With Smaller Stakes

It’s important to manage your bankroll responsibly and start slowly. You can increase your bet size as you become more confident with your betting strategies. However, it is thought that the higher the stake, the higher the returns. It’s also important to consider that you may not always win.

Even when the winning percentage is high, the odds are still against you, and there’s a chance that you could lose all of your money. To avoid frustrations,  start small and gradually increase your stake. Small takes may vary from one person to another depending on their bankroll and the sports they bet on.

2. Shop For the Best Odds

Bookies offer different odds on various sporting events and markets, so it pays to shop around and find the best deal. Comparing odds and prices will ensure that you get the most value from your bets. The odds will not always be uniform in all bookies, but the differences may be small. A few minutes to compare prices can make all the difference in the long run.

Even the slightest differences in odds can make a huge difference, especially when you are staking high or are making multiple bets. So, choosing high-quality casinos like william hill free bet can make a difference. Although moving from one betting site to the other may be tedious, it is worth your effort.

3. Have Multiple Accounts

Different betting sites ireland offer promotional offers and bonuses that add extra value to your bets. You can take advantage of the different offers available from these bookmakers and maximize your returns by having multiple accounts. You can also spread your bets across other bookmakers, reducing the risk of losing all your money in one bet.

When you have decided to spread your bets, the next step is to determine the size of each wager. Using a consistent stake amount for your multiple bets is advisable to maximize your returns. Another benefit of consistency is that it can help you track your performance more accurately and determine if one bookmaker is better.

4. Keep a Record of Your Betting

It’s important to keep track of all your bets. This will help you identify betting patterns and determine which strategies are working for you. Keeping a record also allows you to make more informed decisions by considering key metrics such as return on investment (ROI) and profit/loss ratio. Using your collected data, you can make necessary adjustments to your betting strategies to improve your performance.

Another advantage of keeping a record is that it can help you to stay disciplined in your betting. You’ll be able to identify when it is time to stop and take a break since the data will show if you are on a losing streak.

5. Use the Right Resources

Doing proper research is key when it comes to sports betting. Access to quality data such as statistics and trends will help you make better decisions and increase your chances of making a profit.  You should use reliable sources such as sports websites, newspapers, and specialist websites that offer detailed insights into specific teams or leagues.

Also, you can use online tools such as automated betting bots to make informed decisions quickly and automate mundane tasks such as placing bets. However, be careful when using these bots, as they may not always be accurate.

6. Bet Within Your Comfort Zone

It’s important to stay within your comfort zone when betting and avoid taking unnecessary risks. Although it’s tempting to bet on unfamiliar events, this could lead to costly mistakes. You should focus on what you know best and only bet on events that you are familiar with or have researched. This way, you can mitigate risks and ensure consistent profits.

Additionally, you should set realistic goals and only bet the amount of money that you are comfortable with losing. This way, you can avoid getting too emotional when things don’t go your way and make wiser decisions in the long run.

7. Don’t Chase Losses

Chasing losses is a common mistake made by gamblers. This means trying to win back the money they lost by placing more bets without any clear strategy. This can lead to a never-ending cycle of losses that could leave you in serious financial trouble.

It’s important to remember that sports betting is all about the long game. You should be patient and accept that there will be losing bets. Instead of chasing your losses, it’s better to look at each bet as an opportunity to learn and improve your strategies.

8. Have a Plan and Stick to It

A solid plan and following it consistently will ensure that you remain disciplined in your betting. Limit how much you can afford to wager and decide when to take breaks from betting. Betting too often can lead to bad decisions, and compulsive behavior, which is why having self-control is essential.

Before placing any bet, including free bets, make sure you have a plan. Do your research and consider the risks associated with any bet. Within your plan, determine when it’s time to cut your losses and walk away. Taking breaks from betting can help you stay in control and make more informed decisions. This should be in your plan as well.

9. Understand the Basics of Sports Betting

Having a basic knowledge of sports betting is essential. This means understanding the different types of bets and odds and how to read them correctly. You should also familiarize yourself with the common terms used in sports betting and be aware of any changes or developments that could affect your bets.

Some basics may seem obvious, but it’s important to have a firm grasp of them to make informed decisions. Understanding the basics will help you make more intelligent bets and earn bigger profits. For example, you can make better-calculated decisions and choose more profitable bets by understanding the different odds formats.

10. Manage Your Bankroll

Managing your bankroll is one of the most important things you can do when betting on sports. It’s essential to set aside a specific amount of money for betting and stick to it. This way, you can ensure that your losses are kept at a minimum and that you don’t bet more than you can afford to lose.

You should also have a budget and never bet more than it allows. Lastly, don’t forget to keep track of your winnings and losses so that you can adjust your bets accordingly.

Final Thoughts

These are just some of the tips for successful sports betting. With discipline and proper planning, you can profit significantly from sports betting by taking calculated risks and following a reliable strategy. It’s important to remember that sports betting is a form of gambling, so it’s wise never to bet more than you can afford to lose.