eBay Buys Depop for $1.2B to Attract Younger Demographic
eBay has purchased second-hand fashion app Depop from Etsy for $1.2 billion, aiming to appeal to Gen Z and Millennial consumers focused on sustainability.
Category : Acquisitions
eBay Buys Depop for £890M to Target Gen Z Shoppers
eBay has agreed to purchase second-hand clothing app Depop for £890 million from Etsy, aiming to attract younger consumers and boost long-term growth in sustainable fashion.
eBay Buys Depop for $1.2B to Target Gen Z Fashion
eBay has purchased secondhand fashion app Depop from Etsy in a $1.2 billion cash deal, aiming to capture the Gen Z market with its 7 million active buyers under 34.
eBay Buys Depop from Etsy for $1.2 Billion to Attract Gen Z
eBay purchases secondhand fashion app Depop from Etsy for $1.2 billion in cash, aiming to capture the Gen Z market with a focus on sustainable and affordable fashion.
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Nestle Sells Ice Cream Business as Formula Recall Hits Profits
Nestle confirms advanced negotiations to sell its remaining ice cream business to Froneri, while reporting a £71.9 million profit impact from baby formula recalls and restructuring costs.
eBay Buys Depop for $1.2bn to Target Youth Market
eBay purchases secondhand fashion marketplace Depop from Etsy for $1.2bn in cash, aiming to capture younger demographics and expand in the growing resale market.
eBay Buys Depop for $1.2B to Attract Younger Shoppers
eBay purchases secondhand fashion app Depop from Etsy in a $1.2 billion cash deal, aiming to expand its reach among Gen Z consumers and capitalise on the growing resale market.
DoorDash Q4 Growth Strong Despite Rising Costs
DoorDash's Q4 revenue surged 38% with 903 million orders, but stock fell due to high costs for autonomous robots and drone delivery tests.
FCC Chair Approves Nexstar-Tegna Merger, Forming Broadcast Giant
FCC Chairman Brendan Carr has endorsed the $3.54 billion acquisition of Tegna by Nexstar, a move set to create the largest regional TV station operator in the United States.
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Brewdog Investor Fears £12,000 Loss in Equity for Punks
A Suffolk man who invested £12,000 in Brewdog's Equity for Punks crowdfunding scheme six years ago now fears losing everything as the company prepares for a sale that could leave ordinary investors with nothing.
Taylor Chip Cookie Firm Files for Bankruptcy
Pennsylvania-based cookie company Taylor Chip has filed for Chapter 11 bankruptcy, citing over $2.5 million in debt and permitting delays in Philadelphia expansion. Stores in Philadelphia close, while others remain open.
Taylor Chip Cookie Rival Files for Bankruptcy
Pennsylvania's Taylor Chip, once compared to Crumbl for its oversized cookies, has filed for Chapter 11 bankruptcy with $2.5 million in debt, closing Philadelphia stores.
Vodafone Sells Dutch Stake to Liberty Global for £870m
Vodafone agrees to sell its 50% share in VodafoneZiggo to Liberty Global for €1 billion, gaining cash and a 10% stake in the new Ziggo Group holding company.
Charlotte Tilbury Fuels Puig's 26.5% Makeup Sales Surge
Spanish beauty giant Puig reports €5 billion revenue for 2025, with makeup sales soaring 26.5% in Q4, led by Charlotte Tilbury's expansion and Amazon US entry.
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Glencore Pays $2bn to Shareholders After Profit Slump
Glencore announces a $2bn shareholder payout despite a 6% fall in annual profits and the collapse of a $260bn merger with Rio Tinto, focusing on copper growth.
Marasu's Petit Fours Chocolate Maker Collapses After 40 Years
Marasu's Petit Fours, a premium UK chocolate producer founded in 1986, has entered administration. The London-based company, which supplied luxury retailers, faced difficult market conditions and soaring cocoa prices.
Atlassian Founder's Fortune Halved in Tech Sell-Off
Mike Cannon-Brookes' wealth plunges from $15bn to $7.7bn as Atlassian shares tumble over 70% amid AI fears and a complex divorce settlement involving a $10bn asset pool.
Buffett's Berkshire Invests $350M in New York Times
Berkshire Hathaway discloses a $350 million investment in the New York Times, marking a surprising reversal from Buffett's previous stance on newspaper industry decline.
Taylor Chip Cookie Company Files for Bankruptcy in Pennsylvania
Taylor Chip, the beloved Pennsylvania cookie company known for oversized treats, has filed for Chapter 11 bankruptcy with $2.5 million debt. Founders cite Philadelphia delays and rising costs as key factors.
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Bayer $7.25B Roundup Settlement Proposed
Bayer has agreed to a proposed $7.25 billion settlement to resolve thousands of U.S. lawsuits alleging Roundup weedkiller causes cancer, while maintaining its dispute over glyphosate safety.
Warner Bros Reopens Paramount Talks Amid Netflix Battle
Warner Bros Discovery has restarted negotiations with Paramount Skydance, giving them a week to submit a final offer while still recommending shareholders back Netflix's £61.2 billion bid.
Warner Bros Sets Deadline for Paramount's Final Offer
Warner Bros Discovery has reopened talks with Paramount Skydance, allowing seven days for a superior bid to top the Netflix merger agreement, with a shareholder vote scheduled for March.
Pritzker Steps Down from Hyatt Over Epstein Association
Thomas Pritzker retires as Hyatt Hotels executive chairman, expressing deep regret for his association with Jeffrey Epstein and Ghislaine Maxwell following document revelations.
Netflix Grants Warner Bros 7-Day Waiver for Paramount Talks
Netflix has granted Warner Bros. Discovery a seven-day waiver to reopen takeover discussions with Paramount Skydance, with negotiations set to conclude by February 23.
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BrewDog's Punk Ethos Fades as Corporate Giant Faces Sale
From anarchic beginnings to corporate controversies, BrewDog's journey sees 2,000 bars drop Punk IPA, £148m losses, and angry investors as sale looms.
Hyatt Chair Steps Down Over Epstein and Maxwell Ties
Billionaire Thomas Pritzker has resigned as executive chair of Hyatt Hotels, citing 'terrible judgment' in maintaining contact with Jeffrey Epstein and Ghislaine Maxwell.
Volkswagen Restructures to Cut Costs as China Competition Intensifies
Volkswagen unveils a sweeping restructuring plan to reduce costs significantly, driven by intense competition from Chinese electric vehicle manufacturers and shifting market dynamics.
Tycoon Sues £200M Car Business After Sacking Over Comments
Peter Waddell, founder of Big Motoring World, is suing his own company after being dismissed following allegations of harassment, bullying and race discrimination. The multimillionaire claims his disabilities were ignored.
Paramount's $650m Fee Sweetens Warner Bros Discovery Takeover Bid
Paramount has enhanced its hostile $108.4bn takeover offer for Warner Bros Discovery with a $650m quarterly 'ticking fee' if the deal stalls, potentially reigniting a bidding war with Netflix.
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Carlyle Supports £150m Refinancing for Retailer Very Group
US private equity firm Carlyle has backed a £150 million refinancing deal for online retailer Very Group, extending loan maturities and converting debt to equity as it seeks a sale.
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