# ETSY INC (ETSY) — divestiture/asset_sale [completed]
Source: SEC API (secapi.ai) · situation sit_b7871aa1b7a031df4aa6 · retrieved 2026-08-11T15:53:22.863Z

## Overview
Etsy, Inc. owns and operates the Etsy marketplace, the global destination for unique and creative goods, connecting millions of creative entrepreneurs with buyers around the world.

On July 30, 2026, Etsy completed the sale of Depop, its wholly-owned fashion resale marketplace subsidiary, to eBay Inc. for aggregate cash consideration of approximately $1.4 billion, consisting of a base purchase price of $1.2 billion plus $200 million of net purchase price adjustments and interest. The transaction was governed by a Sale and Purchase Agreement dated February 15, 2026, as supplemented on May 21, 2026, and amended on July 12, 2026. Etsy plans to utilize the proceeds for general corporate purposes, including acceleration of its share repurchase program.

## Terms
- Counterparty: eBay Inc. · Deal value: $1.40B · Consideration: cash

## Key dates
- Completed 2026-07-30

## Timeline
- 2026-07-30 · 8-K (0001370637-26-000071): 8-K - ETSY INC — *Etsy, Inc. owns and operates the Etsy marketplace, the global destination for unique and creative goods, connecting millions of creative entrepreneurs with buyers around the world.* On July 30, 2026, Etsy completed the sale of Depop, its wholly-owned fashion resale marketplace subsidiary, to eBay Inc. for aggregate cash consideration of approximately $1.4 billion, consisting of a base purchase price of $1.2 billion plus $200 million of net purchase price adjustments and interest. The transaction was governed by a Sale and Purchase Agreement dated February 15, 2026, as supplemented on May 21, 2026, and amended on July 12, 2026. Etsy plans to utilize the proceeds for general corporate purposes, including acceleration of its share repurchase program.
  https://www.sec.gov/Archives/edgar/data/1370637/0001370637-26-000071.txt

## Citations
- 0001370637-26-000071 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000137063726000071