what countries is depop available in

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. Forward-looking statements represent our beliefs and assumptions only as of the date hereof. The company is headquartered in London, with offices in Manchester, New York, Los Angeles and Sydney. Get the item and o rate your experience with the seller. You have successfully joined our subscriber list. With over 26 million 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. The app is currently available only in European countries, but it's expected to soon be available in the US too. [9], In 2020, Depop's gross merchandise sales and revenue both more than doubled to $650 million and $70 million respectively. Available on Android and iOS (free) Another great app for the starving student! 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. [16] Celebrities have resold their own items on Depop, with some donating proceeds to charitable causes. Depop was established as a social network for readers of PIG magazine back in 2011 by magazine founder - and head of sunglasses brand Retrosuperfuture - Simon Bekerman. When expanded it provides a list of search options that will switch the search inputs to match the current selection. The first difference is the market available. Depop was founded in 2011 by entrepreneur Simon BeckermanDepop is a buy and sell app that allows you to sell items. Depop is not available in some countries from summer (I cant remember exact month when this happened). by Jerret West, CVP Gaming Marketing, Xbox Feb 28, 2023 @ 12:01am. Generation Z, which spans consumers aged 7 to 25, will make up 40 per cent of the luxury market by 2035, according to consultancy Bain & Company, which has collaborated with Depop on the report. Depop was founded in 2011 by entrepreneur Simon Beckerman at an Italian technological incubator and business H-Farm start-up centre. Depop is a reliable website that allows you to buy and sell items. [6] Beckerman raised 1 million in funding in October 2013 from Red Circle Investment and brought on Faroese Runar Reistrup as new CEO. But their interest in secondhand clothes also has significance beyond save-the-planet instincts. Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. Get paid fast when your item sells. Sell. Does Depop Ship to Europe?[2023] (Answered) - uniexpress GT Depop - Start Selling It allows users to buy and sell items, most of which are used and vintage pieces of clothing. Vinted and Depop have different payment policies. statistic alerts) please log in with your personal account. How the Depop generation thinks | Vogue Business Etsy expects to share more information in conjunction with its second quarter 2021 financial results. E-commerce firm Etsy announced Wednesday that it is buying the secondhand fashion app Depop for $1.62 billion. 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. ETSY. To some degree, we have a closer relationship with Gen Z than almost any other institution in the world at scale, says Depop chief brand officer Peter Semple. You can use it to browse listings by your neighbours and local shops with a surplus of food or other products. "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. In the post-pandemic era, music and entertainment experiences that go beyond buying and selling will be much-needed by Gen Z, he says. Both apps also make it very easy to post your items. 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 the community-powered fashion marketplace to buy and sell unique fashion, with over 30 million registered users in more than 150 countries. 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. Credit Suisse served as exclusive financial advisor to Depop and Weil, Gotshal & Manges LLP served as its legal advisor. 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. Depop is a legitimate app that lets sellers sell items and buyers buy items; hence not a scam. The company, founded by Simon Beckerman in 2011, is headquartered in London, with offices in Manchester, New York, Los Angeles and Sydney, with approximately 400 employees dedicated to its mission of building the world's most diverse progressive home of fashion, that's kinder on the planet and kinder to people. 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. Like Depop, Swappa pays via PayPal. Overview. Following the close of this transaction, Etsy Inc. will operate three highly differentiated, non-commoditized and loved ecommerce brands: Etsy, Reverb, and Depop. Sr. Director of Investor Relations, Patricia Cruz The platform's "Explore" page features items picked out by Depop staff. You must click the activation link in order to complete your subscription. [10] In June 2021, Etsy announced it would acquire Depop for $1.6 billion in cash, making it Etsy's most expensive acquisition, but that Depop would continue operate as a standalone brand independent from Etsy. Depop will remain headquartered in London, Etsy said, operating as a standalone business run by current management. "To some degree, we have a closer relationship with Gen Z . Enter your username, password, and country, Connect your Depop account to your PayPal address, No limit to to the type of products you can sell, 2 days to ship the item after getting paid, High user traffic over 187 million users, Promote your listing from as little as 1%. Thats now the slogan of the brand I work with a lot of queer people, its just kind of asking them how they want to show up in the world. Previous investors HV Holtzbrinck Ventures, Balderton Capital, Creandum, Octopus Ventures, TempoCap and Sebastian Siemiatkowski also participated. And forget all about contacting their support. Get full access to all features within our Business Solutions. Poshmark is best known for women's fashion, trendy brands, and higher-end clothing and accessories. Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions) [Graph]. --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. Unfortunately, Depop doesn't ship directly to Europe. An overwhelming 90 per cent of its active users are under the age of 25. Depop is a website and mobile app available in over 150 countries with over 26 million active users. Compare features, ratings, user reviews, pricing, and more from Depop competitors and alternatives in order to make an informed decision for your business. I agree to receive your newsletter. 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. Test out different poses. Company summary. Please create an employee account to be able to mark statistics as favorites. Vinted operate differently, with money not being transferred to your account immediately after the purchase. Depop Is the New Instagram but Not in a Good Way [6] Most active users of Depop are located in the United Kingdom, Australia, United States and Italy. Essentially, the more you engage, be it by liking items, listing products, following other users, etc., the more sales you're likely to generate. Moreover, we operate in a very competitive and rapidly changing environment. With roughly 30 million registered users across nearly 150 countries,. Platforms should cater for all levels of buyer and seller, says Depops Semple. trend cycle continues to quicken, posing a challenge for fashion brand marketers seeking to connect with younger consumers. To receive packages from the United States, youre going to need to have an address based there. Deb Wasser Both apps also target slightly different audiences. And it doesn't look like there's a way to list items from a computer. The vintage items are also great since fashion often brings back past trends from time to time. Etsy, Inc. (Etsy) operates two-sided online marketplaces that connect people and buyers, and sellers around the world. 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. Why do we think MyUS is the best? How to Deliver Items from the Depop Online Store to Europe Prices for clothing range from $3-$15. . It's a bit more buyer-friendly, encouraging users to make quick transactions and enabling them that by intuitive and straightforward service. It allows sellers to reach a broader audience thanks to its social features and emphasises a more professional approach when creating posts. ", She added: "Our community is made up of people who are creating a new fashion system by establishing new trends and making new from old. Pay for the item, tell the seller where to ship it, and pay for it. This extends to how these generations view life and society, but also fashion. Its marketplace connects over 21 million users, selling, buying, and exchanging second-hand clothes and accessories. Poshmark is available in the U.S., Canada, India, and Australia, but at this time Poshers cannot buy or sell outside of their country. While Decluttr focuses on selling media stuff such as used tech and media such as CDs, DVDs, and Blu-rays, Depops primary focus is selling clothing, shoes, and other items. The stock was up about 6.7% Wednesday afternoon. In, Airnow. With 4 million active buyers and 2 million . As Depop, which has 219 employees, struggles to police millions of users across multiple continents, the start-up is reckoning with dangers facing its young users that have plagued the internet since the early 1990s. 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. <p>Depop is the community-powered fashion marketplace to buy and sell unique fashion, with over 30 million registered users in more than 150 countries. Forward-looking statements involve substantial risks and uncertainties that may cause actual results to differ materially from those we expect. By providing your email address below, you are providing consent to Etsy to send you the requested Investor Email Alert updates. Now, were assuming that you neither own a house there or do you have relatives living there, so how is this even possible? To make sure everything arrives in one clean piece, pack your items well; Keep your buyer informed. A paid subscription is required for full access. Depop profit calculator - Math Index Prior to agreeing a sale to Etsy, Depop had raised a total of $105.6 million from investors including General Atlantic, Creandum, Balderton Capital, Octopus Ventures and Klarna CEO and co-founder Sebastian Siemiatkowski, according to data from Crunchbase. Market leadership, with authentic, organic brand traction: Depop deepens our reach into the Gen Z consumer, with differentiated brand strength, strong user engagement and unit economics. Expands our TAM in a large and fast-growing market, category or geography: Depop is expected to extend Etsy's market opportunity in the high frequency apparel sector, specifically in the fast-growing resale space. Depop's 2020 gross merchandise sales (GMS) and revenue were approximately $650 million and $70 million, respectively, each increasing over 100% year-over-year. The company has attracted a predominantly younger audience thanks to its social media savvy and messaging on environmental and ethical shopping. Data is a real-time snapshot *Data is delayed at least 15 minutes. It really makes us think about, how do we serve these journeys? Well positioned to benefit from Etsy's expertise to accelerate growth and value creation: Depop is an early-stage business that we believe can leverage our proven value creation roadmap to drive further growth and profitability. Discover unique fashion. View original content:http://www.prnewswire.com/news-releases/etsy-to-acquire-global-fashion-resale-marketplace-depop-301303695.html. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Once the package is received, the freight forwarder will ship the package directly to you in Europe. Pop-Tarts x Depop is Here For Fashion and Food Fans Craving Unique Online marketplace Etsy announced . $1 Billion made by the Depop community to date. Depop Statistics, User Count and Facts (2023) Abigail Cooper - Seller - Depop | LinkedIn Get paid for the item and start the shipping process. Ship. so i am from Algeria and i started selling on depop from 2017 but recently some friends wanted to open a depop account they couldn't because the don't receive the confirmation using phone number and i looked for the app on play store and it doesn't show

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