what countries is depop available in

", Airnow, Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions) Statista, https://www.statista.com/statistics/1122928/depop-monthly-active-users-uk/ (last visited March 04, 2023), Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions) [Graph], Airnow, November 8, 2021. As for withdrawal methods, eBay offers PayPal and direct deposit compared to Depop, which has PayPal.While Depop is filled with people selling Y2K and vintage items, eBay is better for items that are rare or hard to find. A paid subscription is required for full access. Like Depop, Decluttr is free to download and use. In light of these risks, uncertainties and assumptions, we cannot guarantee future results, levels of activity, performance, achievements, or events and circumstances reflected in the forward-looking statements will occur. Some 75 per cent of Depop sellers also buy from the platform, an ecosystem that allows them to straddle the worlds of the consumer and of business however they wish, says Semple. Over half of respondents said they buy secondhand to find one of a kind pieces, while 45 per cent use it to tap into trends. Depop's 2020 gross merchandise sales (GMS) and revenue were approximately $650 million and $70 million, respectively, each increasing over 100% year-over-year. Depop boasts approximately 30 million registered users across 150 countries. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The company has an expanding global presence being popularised in countries such as the United States, United Kingdom, Australia, New Zealand, and Italy. Disclosure. 90% of Depop's active users are under the age of 26.Depop. Depop is expected to be accretive to Etsy's top line growth rate and modestly dilutive to Etsy's adjusted EBITDA margin. While no seller likes to pay fees, they are integral to online selling. Depop is planning to run in-person events for later this year, similar to its 2019 Depop live series in New York and London, which brought together sellers and performers to create physical resale spaces alongside an events programme. Depop should know. Otherwise, all transactions made in the app are protected, so it should be safe to sell on Depop. $1 Billion made by the Depop community to date. Etsy believes Depop has a highly differentiated position in the fast-growing resale space: Josh Silverman, Etsy, Inc. CEO, commented, "We are simply thrilled to be adding Depopwhat we believe to be the resale home for Gen Z consumersto the Etsy family. It's easy to get started - just create an account to start selling. For Semple, physical events remain hugely relevant. Sign up for free newsletters and get more CNBC delivered to your inbox. As said, when selling at Vinted, a buyer covers all transaction-related fees, including shipping costs. Etsy has sufficient available liquidity to fund the acquisition. It allows users to buy and sell items, most of which are used . Depop also requires sellers to make their offers look more professional, which is why it's better suited for small businesses. However, while the idea behind the two is similar, there are some key differences between Vinted and Depop. How do you do the magic of taking people on the algorithmically understood journey of things they might be looking for, but then continually inject inspiration and surprise?. Etsy, Inc. operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world. The company has attracted a predominantly younger audience thanks to its social media savvy and messaging on environmental and ethical shopping. That leads us to the question, which of these two reselling platforms is better? The Depop social shopping app blends the aesthetic and social aspects of Instagram with the buy-and-sell format of eBay. That way youll receive all of your items together instead of one at a time. Depop is the community-powered fashion marketplace to buy and sell unique fashion, with over 30 million registered users in more than 150 countries. Users can buy and sell clothing, accessories, and beauty products. As people are given access to so many different types of inspiration, whether its peer-to-peer or the mix of influence you can get from each type of influential figure, each individual is fluid in their style, their self-expression., Hadiyah Hussain communicates her South Asian culture through her brand on Depop, which features screen-printed pieces for all genders and sizes. Depop allows its sellers to include rules buyers can see when scrolling through their posts. --Etsy, Inc., which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, has signed a definitive agreement to acquire. Make sure your clothing is the focal point of the picture by keeping the . You can also email them at support@depop.com. This means that you will need a U.S., Canada, Australia, India, or UK billing and shipping address, as well as a U.S., Canada, Australia, India, or UK internet provider (IP) address. Take a picture of the item, describe it, set a price for it, and post. The platform is very similar to other online marketplaces like eBay, Facebook Marketplace, Mercari, or Poshmark. Currently, you are using a shared account. Expands our TAM in a large and fast-growing market, Well positioned to benefit from Etsy's expertise to, http://www.prnewswire.com/news-releases/etsy-to-acquire-global-fashion-resale-marketplace-depop-301303695.html. Depop is a place for anyone to discover and . Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Depop is the community-powered marketplace app where people exploring style and the latest trends come to shop and sell circular fashion. ETSY. Depop has around 30 million users in over 150 countries, the majority of whom are young people. <br><br>In the year between finishing my undergraduate degree and beginning my postgraduate studies, I completed as many contract internship . How do we make sure we have the right tools for you if you want to effectively be a casual seller (of which there are many more than there were one year ago). Users can pay for items using PayPal. On this Wikipedia the language links are at the top of the page across from the article title. The freight forwarder accepts the package on your behalf. In addition, Etsy, Inc. owns Reverb, a leading global online marketplace dedicated to buying and selling new, used, and vintage musical instruments. The transaction is currently expected to close during the third quarter of 2021, subject to satisfaction of customary closing conditions, including antitrust review in the United States and the United Kingdom. Ebay has a working international search so sellers aren't forced to do it, on depop you have to change your location manually to see listings from other countries. Those interested in submitting questions during the conference call can do so by using the Q&A chat window, which will be available during the webcast. The network currently has more than 15 million users in 147 countries, skewed heavily towards those aged under 26, with plans to expand across Europe and Asia. You can use it to browse listings by your neighbours and local shops with a surplus of food or other products. Company summary. These businesses all share similar levers of growth to unlock value, including improving search and discovery, building human connections, and making selling and buying easier. eBay allows you to edit and crop your photos compared to Depop, which lacks that functionality. We'll now take an exciting leap forward as part of the Etsy family, benefiting from Josh's and his team's expertise, and the resources of a much larger company whose values are so aligned with ours here at Depop. On the other hand, Depop sellers can absorb the postage cost by hiding it in the item's price as free shipping. The default refresh interval is a random number between 1 and 3 seconds. They will charge you extra to pay for the import taxes up front, but will just keep the money instead so you have to pay taxes x2 + handling fees when the package arrives in your country. Gen Z fluidity extends to the mix of digital and physical experiences, with physical still considered very important even for a generation of digital natives. It also gives the online marketplace a bigger footprint in fashion resale. If you experience any issues with this process, please contact us for further assistance. "We see significant opportunities for shared expertise and growth synergies across what will now be a tremendous 'house of brands' portfolio of individually distinct, and very special, ecommerce brands. Use Ask Statista Research Service. The brand registered unprecedented growth in May and July 2020, with. Date of release is date of access.Figures have been rounded. Shares our two-sided marketplace business model: Depop is a peer-to-peer marketplace with similar capital-light operating model and financial characteristics. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Founded in 2011, Depop has attracted mainly younger users thanks to its social media savvy. Depop has evolved to become the community-powered fashion marketplace to buy and sell unique fashion, with approximately 30 million registered users in more than 150 countries. Take up to four photos. Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions) [Graph]. This type of service is called Freight Forwarding. Get paid fast when your item sells. (November 8, 2021). Bahrain. How to Deliver Items from the Depop Online Store to Europe Depop was founded in 2011 by entrepreneur Simon Beckerman at an Italian technological incubator and business H-Farm start-up centre. ", Rachel Glaser, Etsy's CFO, commented, "We've admired Depop for a while, and are excited to have now reached an agreement to purchase this fantastic business - a company we believe is still in the early innings of its growth opportunity. Moreover, we operate in a very competitive and rapidly changing environment. Investor Relations Contact: Etsy, Deb Wasser, Vice President, Investor Relations and ESG Engagement: dwasser@etsy.comor Etsy, Gabe Ratcliff, Director, Investor Relations: gratcliff@etsy.com, Media Relations Contact:Etsy, Kelly Clausen, Senior Director, Corporate Communications: press@etsy.com, Cautionary Statement Regarding Forward-Looking Statements. The site . Get Potential buyers to make bids for the item and agree on the final price. <u>Company Description</u><br><br>Depop is the community-powered fashion marketplace to buy and sell unique fashion, with over 30 million registered users in more than 150 countries. ". [4] Its headquarters were moved to London in 2012. It provides a mobile marketplace that enables individuals to buy and sell their items on iOS and Android platforms. however, despite it being 3-4 days since delivery (on the transaction info it actually says i should have gotten the money within 1 day of delivery), it still says my payment is on hold. Which one is better, though? In, Airnow. With its app available on iOS and Android, Depop promises to be an online shopping site for most items, including designer, preloved, vintage, sneakers, and streetwear. Etsy is buying secondhand fashion app Depop for $1.62 billion in a deal primarily consisting of cash. Click here to view 60+ Websites to Sell Stuff. LocationsView all. But their interest in secondhand clothes also has significance beyond save-the-planet instincts. I always say we owe ourselves authenticity. The Company operates through four segments: Etsy, Reverb, Depop, and Elo7. You simply register an account with a Freight Forwarder, and theyll provide you with a U.S. based address. [Online]. In other words, Depop is basically Instagram, but with more transparency about the fact that it's selling you stuff. Do NOT buy from GB via Depop if you live in the EU. At Etsy, we promise to treat your data with respect and will not share your information with any third party. Now They're Graduating", "Artefact In conversation with | Depop founder Simon Beckerman", "TechTalk con Simon Beckerman, Riccardo Donadon e Paolo Barberis su Depop, la startup diventata unicorno", "Social Shopping App Depop Raises $8M, Hires Ex-Reddit GM To Break Into US Market", "The Entrepreneur: Runar Reistrup, Depop", "Depop, a social app targeting millennial and Gen Z shoppers, bags $62M, passes 13M users", "Etsy Buys Depop, Fashion Resale Site Popular With Gen Z, for $1.6 Billion", "Etsy is buying the fashion resale app Depop for $1.6 billion", "Etsy is acquiring UK-based social selling site Depop for $1.625B in a mostly cash deal", "All Those Millennials Can't Be Wrong: Why Depop Just Might Change the Way You Shop", "Why Teens Are Selling Clothes Out of Their Closets", "Etsy targets Gen Z shoppers with $1.6 billion Depop acquisition", "9 Celebs With Depop: The Millennial Thrift Shop", "United States B2C Ecommerce Market Report 2022: Market is Expected to Grow by 11.80% to Reach $1,574.5 Billion in 2022 - Forecasts to 2026", "Depop Is the New Instagram but Not in a Good Way", "Depop: Can pre-loved clothes make fast fashion sustainable? Depop is a peer-to-peer social e-commerce company based in London, with additional offices in Manchester, Milan and New York City. Decide your price. Depop's world-class management team and employees have done a fantastic job nurturing this community and driving organic, authentic growth in a way that aligns well with Etsy's DNA and mission of Keeping Commerce Human. Contact Data CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For . In 2012, Depops headquarters were moved to London, and the company opened additional offices in Milan and New York City. Depop is powered by a team of around 400 people, dedicated to our mission of fashion for a better future. View original content:http://www.prnewswire.com/news-releases/etsy-to-acquire-global-fashion-resale-marketplace-depop-301303695.html. It must've been cuz I mentioned the BBB. Popular sellers on the platform often go on to become social media influencers. Depop is a place for anyone to discover and celebrate their style on their own terms, and to feel good about their fashion choices by extending the lives of millions of garments.<br>The company was founded . Phones,laptops,wearables,Tablets,video games, Electronic, fashion,health, and beauty products, No limit to the type of products you can sell. It allows sellers to reach a broader audience thanks to its social features and emphasises a more professional approach when creating posts. Vinted operate differently, with money not being transferred to your account immediately after the purchase. With over 26m users in more than 150 countries, Depop is the place for anyone looking to celebrate style on their terms and keeping millions of items of clothing in rotation. 4 locations detected. Then I sent them this. The second-hand market is projected to grow at a 39% CAGR from 2019-2024 in the United States, reaching $64 billion, and to grow to twice the size of fast fashion on a global basis.1 Starting first in the U.K. and moving into the U.S. and Australia, Depop now has a community of approximately 30 million registered users across nearly 150 countries. When it comes to newness, this generation has a new lens through which they see new.. Others also described the platform as an easy-to-use selling platform. This extends to how these generations view life and society, but also fashion. Depop is a peer-to-peer social shopping app based in London that first launched in 2011. More so, what you earn on Swappa depends on the item you are selling and its condition. As you can see, while looking practically identical at first glance, Depop and Vinted are two sides of the same coin. Dont worry, youre not going to need to splash out on a property, there is a much cheaper solution. I think for my generation it comes quite naturally Theres a lot more respect and open conversation., For Gen Z, the inspiration journey is never linear, Semple says. As for Vinted, they have a buyer's protection feature. Please create an employee account to be able to mark statistics as favorites. It is largely targeted at Gen Z shoppers Sell. Sign up to our newsletter for a truly global perspective on the fashion industry. 12.9% of the sale price or lower, plus $0.30 per order. These risks and uncertainties include: (1) the level of demand for our services or products sold in our marketplaces and our ability to support our recent growth; (2) the importance to our success of the trustworthiness of our marketplaces and our ability to attract and retain active and engaged communities of buyers and sellers; (3) risks related to the COVID-19 pandemic; (4) the fluctuation of our quarterly operating results; (5) our failure to meet our publicly announced guidance or other expectations; (6) if we or our third-party providers are unable to protect against technology vulnerabilities, service interruptions, security breaches, or other cyber incidents; (7) our dependence on continued and unimpeded access to third-party services, platforms, and infrastructure; (8) macroeconomic events that are outside of our control; (9) operational and compliance risks related to our payments systems; (10) our ability to recruit and retain employees; (11) our ability to compete effectively; (12) our ability to enhance our current offerings and develop new offerings to respond to the changing needs of sellers and buyers; (13) our ability to demonstrate progress against our environmental, social, and governance Impact strategy; (14) our efforts to expand internationally; (15) our ability to successfully integrate and receive the expected benefits from the Depop and Elo7 acquisitions; (16) acquisitions that may prove unsuccessful or divert management attention; (17) regulation in the area of privacy and protection of user data; and (18) litigation and regulatory matters, including intellectual property claims.

Rogers Pass Montana Population, Missionary Baptist Church Pastor Vacancy 2022, Rascal's Duson La Menu, Articles W