Etsy CEO on how $1.6 billion deal for Depop could help the company grow

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  • CNBC Television published this video item, entitled “Etsy CEO on how $1.6 billion deal for Depop could help the company grow” – below is their description.

    Etsy announced Wednesday morning it has acquired fashion marketplace Depop for about $1.6 billion. Around 90% of Depop’s active users are under 26 years old. Etsy says this deal will help the company push deeper into the coveted Gen Z demographic. Etsy CEO Josh Silverman joined “Squawk Box” on Wednesday to discuss.

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