what countries is depop available in what countries is depop available in

Founded in 2011, Depop is a community-powered marketplace to buy and sell unique fashion, with a mission to build the world's most diverse and progressive home of fashion. Depop was founded in 2011 by entrepreneur Simon Beckerman at an Italian technological incubator and business H-Farm start-up centre. Depop should know. View original content:http://www.prnewswire.com/news-releases/etsy-to-acquire-global-fashion-resale-marketplace-depop-301303695.html. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. eBay is one of the most popular platforms that allows you to buy and sell goods and services like electronics, clothing, and more. Depop's 2020 gross. The platform's "Explore" page features items picked out by Depop staff. And it doesn't look like there's a way to list items from a computer. "Etsy acquires clothing resale platform Depop for $1.6 billion", "Gen Z Designers Made It Big on This App. However, we have a pretty simple solution that gets around this restriction. Its user interface is modeled after that of Instagram, and users can sell items by posting pictures of them to their profiles, along with descriptions, hashtags, and prices. Its important to have cultural fluidity, she says. 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. We want to hear from you. Instead, the app uses an escrow service that holds the money in your Vinted wallet until the buyer gets and accepts the item. Company summary. Sure, both platforms offer similar services, but their approach is different. This type of service is called Freight Forwarding. While some users complained of poor customer service, Depop can help you make extra money online. Click here to view 60+ Websites to Sell Stuff. Depop, on the other hand, is a better choice for a small business. 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. She has about 40,000 followers, and selling clothes online has become a full-time job for her. Profit from the additional features of your individual account. [6] Most active users of Depop are located in the United Kingdom, Australia, United States and Italy. Overview. "To some degree, we have a closer relationship with Gen Z . In 2020, Depops gross merchandise sales and revenue increased to $650 million and $70 million, respectively. Depop, a social shopping platform based in the United Kingdom, has been experiencing a reduction in monthly app downloads. Learn more about how Statista can support your business. "Monthly Active Users (Mau) of The Depop App in The United Kingdom (Uk) from January 2018 to October 2021 (in Millions). 90% of Depop's active users are under the age of 26.Depop. In an age of financial uncertainty, young people are taking finances into their own hands. It does come with fees and higher shipping costs. You need at least a Starter Account to use this feature. A replay of the video webcast will be available through the same link following the conference call starting at 10:30 a.m. Eastern Time today for at least three months thereafter. Essentially, the more you engage, be it by liking items, listing products, following other users, etc., the more sales you're likely to generate. You can change the interval in the system settings. eBay is an e-commerce platform, at first only providing customer-to-customer auction services, expanding into business-to-consumer shortly afterwards. This extends to how these generations view life and society, but also fashion. For sellers, we offer a range of tools and services that address key business needs. Forward-looking statements include all statements that are not historical facts. $5+ thereafter, Sell computers, home tech, cameras, phones, watches, laptops and tablets, Sell your item directly to buyer and get paid the next day via PayPal, 180+ million buyers, easy listings and sell directly from the smartphone, List up to 200 items for free every month, and only pay when they sell, Global brand trust and seller protections in place from buyers scams. On paper, Depop and Vinted offer the exact same services, connecting second-hand clothing sellers with buyers. To use individual functions (e.g., mark statistics as favourites, set Deb Wasser ThredUP currently ships to the United States and Canada, with no current plans to expand to additional countries at this time. Gen Z, the next wave of luxury consumers, are a fluid generation who crave flexibility and think secondhand clothes are cool, according to new research by Depop, produced in collaboration with consultancy Bain. In June 2021, Etsy announced it would acquire Depop for $1.6 billion in cash. That way youll receive all of your items together instead of one at a time. So, when you want to order restricted items from the Depop store, you simply enter the address MyUS provided and get your packages shipped there. Data is a real-time snapshot *Data is delayed at least 15 minutes. This transaction is an ideal fit with Etsy's marketplace M&A criteria: Aligns with Etsy mission, strategy and values: Depop shares Etsy's DNA, with a parallel growth strategy that highlights sellers' unique merchandise by improving search and discovery, driving human connections, and building marketplace trust. Listings also aren't required to look overly professional, which makes the Vinted app better suited for casual sellers who want to clear their inventory. You can only download this statistic as a Premium user. Available: https://www.statista.com/statistics/1122928/depop-monthly-active-users-uk/, Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021, Available to download in PNG, PDF, XLS format, E-commerce revenue worldwide 2017-2027, by segment, Global fashion e-commerce market size 2021-2025, Worldwide online fashion retail revenue 2021-2025, by segment, Online fashion retail revenue change worldwide 2019-2025, by segment, Fashion e-commerce users worldwide 2021-2025, by segment, Online fashion retail revenue worldwide 2019-2025, by region, Online fashion retail revenue worldwide 2022, by country, Fashion e-commerce revenue in Asia 2021-2025, Fashion e-commerce revenue in North America 2021-2025, Fashion e-commerce revenue in Europe 2021-2025, Fashion retail sales channel share worldwide 2022, by region, Fashion: top 5 online stores worldwide in 2021, by net sales, CAGR of leading fashion e-commerce companies worldwide 2020-2022, nike.com: E-Commerce net sales from 2014 to 2022, zara.com: E-Commerce net sales from 2014 to 2022, asos.com: E-Commerce net sales from 2014 to 2022, zalando.de: E-Commerce net sales from 2014 to 2022, Leading fashion and apparel websites worldwide 2022, based on visit share, International site traffic on top fashion websites in select countries worldwide 2021, Increase of site traffic on top fashion websites in select countries 2021, Global online fashion shopping cart abandonment rate 2021, by type, EU consumers who use mobile apps for online shopping purposes 2021, E-commerce penetration rate among active Gen Z users China in 2020, by platform, Global consumers reasons for not liking online shopping 2021, Fashion purchases of consumers in 2020 and 2023, by channel, Usage of online reviews to help with fashion purchases 2021, by country, Share of shoppers buying clothes online after store visit in Europe 2021, by country, Monthly active users of VSCO in the UK 2017-2020, Monthly active users of Reddit in the UK 2017-2020, Location of purchase of second-hand shoes/footwear in the UK 2019, Facebook Messenger: number of monthly active users 2014-2017, Types of clothing items purchased second-hand in the UK 2019, Share of MAU on the smartphone and tablet market in Japan 2018, by brand, Forecast of the smartphone user penetration rate in Estonia 2015-2022, Forecast of smartphone user numbers in Slovenia 2015-2022, Forecast of smartphone user numbers in Denmark 2018-2025, Growth in the fashion market value in Russia 2012-2017, Forecast of the smartphone user penetration rate in Switzerland 2018-2024, Forecast of the smartphone user penetration rate in Lithuania 2015-2022, Forecast of the smartphone user penetration rate in the Czech Republic 2015-2022, Forecast of smartphone user numbers in Slovakia 2015-2022, Forecast of smartphone user numbers in the Czech Republic 2015-2022, Woven fashion import volume to Japan 2015-2020, Share of fashion import volume to Japan 2021, by region, Depop app downloads per month worldwide 2020-2022, Knitted fashion import volume to Japan 2015-2021, Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions), Find your information in our database containing over 20,000 reports. A lot of people in my generation have that set-up income from a few little baskets, he says. The company has attracted a predominantly younger audience thanks to its social media savvy and messaging on environmental and ethical shopping. Y, 2019. Etsy will host a live webcast conference call to discuss this acquisition at 8:30 a.m. Eastern Time today, which will be live-streamed via our Investor Relations website (investors.etsy.com) under the Events section. . Our company was founded in 2005 and is headquartered in Brooklyn, New York. Etsy is buying secondhand fashion app Depop for $1.62 billion in a deal primarily consisting of cash. Both platforms are dominant forces, connecting 21 and 26 million users worldwide, respectively. In case of sender and recipient from the same country or within a radius of 10 kilometres, the user can deliver/collect in person, but no payment in cash. Poshmark is best known for women's fashion, trendy brands, and higher-end clothing and accessories. In some cases, forward-looking statements can be identified by terms such as anticipate, believe, could, enable, estimate, expect, goal, intend, may, outlook, plan, potential, target, will, or similar expressions and derivative forms and/or the negatives of those words. The marketplaces will operate independently, while benefiting from shared expertise in areas such as product, marketing, technology, and customer support. Using a Vinted or Depop app, users can sell, buy, or exchange their used clothes. The only pricey item I've found is a pantsuit that cost around $20. With 4 million active buyers and 2 million active sellers in 2020, we believe Depop's cohort behavior is particularly impressive: for example, in 2020, 75% of GMS was from existing cohorts; ~75% of sellers were also buyers; and, on average, sellers sold approximately 10 items and buyers bought approximately 6 items. Otherwise, all transactions made in the app are protected, so it should be safe to sell on Depop. Get Potential buyers to make bids for the item and agree on the final price. Sr. Director of Investor Relations, Patricia Cruz To receive packages from the United States, youre going to need to have an address based there. Depop is the community-powered fashion marketplace to buy and sell unique fashion, with over 30 million registered users in more than 150 countries. Depop - buy, sell, discover unique fashion Log in Menswear Womenswear Jewellery Beauty More Brands Top searches Find your style Shop the biggest brands you know and love. As soon as this statistic is updated, you will immediately be notified via e-mail. Test out different poses. Depop is a peer-to-peer social shopping app. Shares our two-sided marketplace business model: Depop is a peer-to-peer marketplace with similar capital-light operating model and financial characteristics. 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). In 2012, Depops headquarters were moved to London, and the company opened additional offices in Milan and New York City. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). [13], Most of the items sold on Depop are used, vintage, and repurposed pieces of clothing. In March 2016, former CEO, Runar Reistrup, stated that Depop's growth was achieved through word of mouth. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Depop is a place for anyone to discover and . 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. Depop is primarily known for its vintage, streetwear, one-of-a-kind and Y2K (late 1990s/early 2000s) fashion. [5] In 2015, Depop secured another investment of $8 million from Balderton Capital and Holtzbrinck Ventures. Depop is powered by young influencers like 20-year-old Moira Campos who is one of Depop's top sellers. Users can pay for items using PayPal. Statista. Ticker: ETSY. 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. Discover independent brands making waves and the creators behind them. eBay allows you to edit and crop your photos compared to Depop, which lacks that functionality. You can sign up for additional alert options at any time. That said, you can expect to ship your items at lower prices when using Vinted. Up to 140,000 new listings every day. [7] Depop was the official app sponsor of the 2016 Vans Warped Tour. Today, Depop is a place where millions of users come to celebrate their style and discover culture. We disclaim any obligation to update forward-looking statements, except as required by law. If you experience any issues with this process, please contact us for further assistance. Forward-looking statements include statements related to our potential addressable market,the potential benefits of the acquisition of Depop, expected impact of the acquisition of Depop on Etsy's future financial performance and the potential impact on Etsy's consolidated financial results, the anticipated timing of the closing of the acquisition of Depop, the anticipated impact of applying Etsy's expertise to Depop's business and the potential of Depop's business. Business Summary. BROOKLYN, N.Y., June 2, 2021 /PRNewswire/ --Etsy, Inc. (NASDAQ: ETSY), 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 Depop, a privately-held, community-led, and purpose-driven marketplace for unique fashion for $1.625 billion consisting primarily of cash, subject to certain adjustments for Depop's working capital, transaction expenses, cash and indebtedness, and certain deferred and unvested equity for Depop management and employees. Depop is a legitimate app that lets sellers sell items and buyers buy items; hence not a scam. Take up to four photos. Depop's beginnings were also relatively humble. You must click the activation link in order to complete your subscription. Depop is the marketplace where you can explore your style. Sky warns: "Don't let your photo be more distracting than the product you're selling.". 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. hi! "Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions)." Depop is headquartered in London, England and Los Angeles, California. Founded in 2011, Depop has attracted mainly younger users thanks to its social media savvy. The Depop study echoes this point, with respondents underlining fluid identity when buying and selling clothes. You can also move the money to your bank account once its transferred to PayPal. Phone: (718) 880-3660. p:718 880-3660. You need a Statista Account for unlimited access. Depop is a peer-to-peer social e-commerce company based in London, with additional offices in Manchester, Milan and New York City. Describe what you're selling. Algeria. Depop proudly states that 90 percent of its active users are under 26. Does the Depop online store ship items overseas to Europe? Its sustainability plan is built around the UN's Global Goals, the 17 objectives designed to tackle the systemic causes of extreme poverty, including the climate crisis and inequity. The Company operates through four segments: Etsy, Reverb, Depop, and Elo7. Online marketplace Etsy announced . Others were also unhappy with the customer service describing it as unresponsive. New risks emerge from time to time. How to Deliver Items from the Depop Online Store to Europe 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. Shop now Sell your way Depop seller Adwoa Owusu-Darko has run her brand Mini's World (@minisworld) since 2016. As said, when selling at Vinted, a buyer covers all transaction-related fees, including shipping costs. It's easy to get started - just create an account to start selling. Comments, questions or feedback? 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. [5] Depop expanded and opened additional offices in Milan and New York City. Essentially, youll be able to get any item from the Depop store shipped to Europe, all for a crazy low price. Items are usually secondhand or homemade. . Depop is designed for sellers who want to sell items such as clothing, shoes, clothes, vintage clothes and items, and cheap streetwear. Depop is not available in some countries from summer (I cant remember exact month when this happened). 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. The first difference is the market available. On the other hand, Depop sellers can absorb the postage cost by hiding it in the item's price as free shipping. A copy of the presentation that will be covered on the conference call will also be posted to our website. You can also email them at support@depop.com. Users can buy and sell clothing, accessories, and beauty products. Enter your email to receive editorial updates, special offers and breaking news alerts from Vogue Business. Depop should know. It also gives the online marketplace a bigger footprint in fashion resale. With a background in economics and now e-business, she has joined Dollarbreak to share her experience, to help individuals make sound financial decisions revolving around budgeting, spending, money making and investing.