Key Takeaways Etsy on Wednesday said it would sell fashion marketplace Depop to eBay for $1.2 billion in cash.The deal marks the end of Etsy's "house of brands" era, which once included three other businesses.

By Koyena Das and Neil J Kanatt Feb 19 (Reuters) - Etsy shares jumped about 10% on Thursday, after the online marketplace sold off its Gen Z-focused fashion resale platform Depop to EBay, with investors looking past dour quarterly results and forecasts.

Depop, the second-hand clothing app that has skyrocketed in popularity among Gen Z shoppers, is being sold to eBay for $1.2bn (£890m). Etsy, the online platform, is offloading Depop just five years after it bought the business - which was founded in the UK - for $1.6bn.

Etsy (ETSY) – a platform that connects artisans with buyers globally – experienced a 6-day decline, with total losses during this timeframe reaching -23%. The company's..

I am excited to be here with you today, 50 days into my role as Etsy, Inc.'s new CEO. This transaction will allow us to focus exclusively on the compelling opportunity we see in front of us to grow the Etsy,

If your favorite sports romance or heated hockey rivalry lives rent-free in your head, there is now a way to let your dog join the obsession. Instead of settling for basic bandanas or plain tees, this jersey-inspired tank delivers personality, comfort and a wink to fans who know exactly what the numbers mean.

Etsy logged lower profit in the fourth quarter, despite an uptick in revenue.

Etsy and eBay reached an agreement that should benefit both companies. The deal will help to streamline Etsy's operations and bolster its cash reserves. Under the terms of the deal, eBay would purchase Etsy's consumer-to-consumer fashion marketplace, Depop ...