what countries is depop available in

<u>Company Description</u><br><br>Depop is the community-powered fashion marketplace to buy and sell unique fashion, with over 30 million registered users in more than 150 countries. BROOKLYN, NY 11201 United States. Depop is a peer-to-peer social shopping app based in London that first launched in 2011. ", Etsy said the transaction consisted primarily of cash and was "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.". 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). The content on dollarbreak.com is for informational and educational purposes only and cannot replace any professional financial advice. The company will send a six-digit code that you can use to verify your account. She has about 40,000 followers, and selling clothes online has become a full-time job for her. 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. Get paid fast when your item sells. While some users complained of poor customer service, Depop can help you make extra money online. . Platforms should cater for all levels of buyer and seller, says Depops Semple. Secondhand may be sustainable but its also cool. All Rights Reserved. Depop is expected to be accretive to Etsy's top line growth rate and modestly dilutive to Etsy's adjusted EBITDA margin. A Division of NBCUniversal. 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. Items are usually secondhand or homemade. There are plenty of resources available to help you cleared up any questions you may have. Once you make a sale, Depop will send the money to the PayPal account that youve already linked to your account. Depop is the app for you . Depop's 2020 gross merchandise sales (GMS) and revenue were approximately $650 million and $70 million, respectively, each increasing over 100% year-over-year. What distinguishes Depop from Vinted is its emphasis on social features, working as a social network app in addition to being a reselling marketplace. To use individual functions (e.g., mark statistics as favourites, set Conduct your own research and seek the advice of a licensed financial advisor. Depop also pays via PayPal compared to Decluttr, which uses Direct deposit, PayPal, and Check. We disclaim any obligation to update forward-looking statements, except as required by law. Paypal withholds those Depop users funds from any items sold for a minimum of 21 days from the date of sale[citation needed]. "Etsy acquires clothing resale platform Depop for $1.6 billion", "Gen Z Designers Made It Big on This App. The transaction is currently expected to close during the third quarter of 2021, subject to satisfaction of customary closing conditions, including antitrust review in the United States and the United Kingdom. Users can buy and sell clothing, accessories, and beauty products. To receive packages from the United States, youre going to need to have an address based there. Following the closing of the transaction, currently anticipated to occur during the third quarter of 2021, Depop will continue to be headquartered in London, England and operate as a standalone marketplace run by its existing leadership team. Once the package is received, the freight forwarder will ship the package directly to you in Europe. Then I sent them this. [6] Beckerman raised 1 million in funding in October 2013 from Red Circle Investment and brought on Faroese Runar Reistrup as new CEO. [21] The platform has also been criticized by its users for picking predominantly thin models wearing straight size clothing to showcase on its Explore page, which some have described as sizeist.[22][19]. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Last month [object Object] was the top country sending desktop traffic to depop.com - click below to discover all countries Top Countries United States 49.04% 1.30% United Kingdom 24.80% 4.06% Australia 8.56% 15.40% Canada 2.74% 0.35% Italy 1.27% 13.93% Others 13.60% See all countries depop.com Audience Demographics At Etsy, we promise to treat your data with respect and will not share your information with any third party. If y'all remember I posted how I got banned for hashtags that were FINE. Its report, released this Monday, unpacks Gen Zs collective behaviours in a pandemic world and beyond. As a mobile app, it is available on iOS and Android platforms. We want to hear from you. If you look around online, youll find a bunch of companies in the U.S. offering physical United States addresses to customers located overseas. Depop's world-class management team and employees have done a fantastic job nurturing this community and driving organic, authentic growth in a way that aligns well with Etsy's DNA and mission of Keeping Commerce Human. The stock was up about 6.7% Wednesday afternoon. Shop now Sell your way 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. ", Depop's CEOMaria Ragasaid in a statement that Depop is "where the next generation comes to explore unique fashion and be part of a community that's changing the way we shop. Please see our privacy policy for more information. Please read rules before posting. A 2020 Hulu study found 75 per cent of Gen Z respondents rejected easy categorisation of their race, gender or sexuality, while 60 per cent felt their identity was linked to a broad mix of factors, including race, culture and language. Take a picture of the item, describe it, set a price for it, and post. Selling on Depop and Vinted looks pretty similar, requiring sellers to engage in increasing sales. You can unsubscribe anytime. It surveyed 2,176 Depop users from the UK, US and Australia and conducted individual interviews with a sample of Depop sellers, analysed alongside insights from Bain & Company. Today, Depop is a place where millions of users come to celebrate their style and discover culture. From crypto to clothes: Why Gen Z are investors now, From Essentials to Adidas: Whats next for Fear of God. E-commerce firm Etsy announced Wednesday that it is buying the secondhand fashion app Depop for $1.62 billion. Depop | Buy & Sell Clothing on the App Store This app is available only on the App Store for iPhone. "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. "Monthly Active Users (Mau) of The Depop App in The United Kingdom (Uk) from January 2018 to October 2021 (in Millions). Vinted operate differently, with money not being transferred to your account immediately after the purchase. Therefore, Vinted might be a better choice for a casual seller interested in making some extra money. Depop has around 30 million users in over 150 countries, the majority of whom are young people. Depop. [12] It is the 10th most-visited shopping platform for Gen Z consumers in the US,[18] and, in a poll conducted by The Strategist in 2019, Depop was voted by teenagers as their favorite resale website. Founded in 2011, Depop has its headquarters in London and offices in Manchester, New York, Los Angeles and Sydney with 400 employees dedicated to helping build a new fashion system that's kinder. The freight forwarder accepts the package on your behalf. 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. Depop seller Adwoa Owusu-Darko has run her brand Mini's World (@minisworld) since 2016. Depop Summary. Posting and selling using the platform are completely free, and the buyer pays the fees associated with the sale. It allows users to buy and sell items, most of which are used and vintage pieces of clothing. But their interest in secondhand clothes also has significance beyond save-the-planet instincts. Depop does not offer other ways to make money apart from selling items such as clothes, shoes, and other items. But why Depop? By Lisa Lacy. Depop, which first emerged from an Italian tech incubator in 2011, then established its headquarters in London, is a dark horse in the fashion ecom wars. Get the item and o rate your experience with the seller. Depop is the marketplace where you can explore your style. And forget all about contacting their support. . We estimate that one in four 15-24-year old's in Australia are on Depop," says Aria Wigneswaran, Country Manager Australia, Depop.. That presents a challenge for Depop. 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. Adwoa Owusu-Darko (@minisworld) even runs a mentorship business, teaching others how to mirror her Depop success. View original content:http://www.prnewswire.com/news-releases/etsy-to-acquire-global-fashion-resale-marketplace-depop-301303695.html. Profit from the additional features of your individual account. Shares of Etsy have more than doubled in the last 12 months thanks to an e-commerce boom resulting from the coronavirus pandemic. Depop, a social shopping platform based in the United Kingdom, has been experiencing a reduction in monthly app downloads. SourceForge ranks the best alternatives to Depop in 2022. As you can see, while looking practically identical at first glance, Depop and Vinted are two sides of the same coin. Airnow. This partly refers to self-identity. Aria says it's because Depop is about people, not just about the item being sold "We're not just a platform for people to buy and sell. Ticker: ETSY. Forward-looking statements represent our beliefs and assumptions only as of the date of this press release. [5] In 2015, Depop secured another investment of $8 million from Balderton Capital and Holtzbrinck Ventures. Countries. People want the opportunity to buy and sell, but also they want this inspirational layer and entertainment through their experiences.. There are no boundaries anymore between commerce and connections, consumption and production, and even entertainment and entrepreneurship, says Federica Levato, a partner at Bain, who worked on the report. However, we have a pretty simple solution that gets around this restriction. Sign up for free newsletters and get more CNBC delivered to your inbox. You then use this address for your deliveries, and theyll automatically forward them to your home country. Depop proudly states that 90 percent of its active users are under 26. Investor Relations Manager, Advances leadership in community-driven and differentiated marketplaces, Etsy to acquire global fashion resale marketplace Depop. In 2012, Depops headquarters were moved to London, and the company opened additional offices in Milan and New York City. The only pricey item I've found is a pantsuit that cost around $20. As of 2021, Depop has over 30 million users, 90 percent of whom are under the age of 26. . ". Credit Suisse served as exclusive financial advisor to Depop and Weil, Gotshal & Manges LLP served as its legal advisor. Using a Vinted or Depop app, users can sell, buy, or exchange their used clothes. As a Premium user you get access to background information and details about the release of this statistic. Vinted, for instance, is generally more focused on the transactional side. We're a community that inspires and connects our users." Depop is a peer-to-peer social shopping app. Depop allows its sellers to include rules buyers can see when scrolling through their posts. Up to 140,000 new listings every day. Get paid for the item and start the shipping process. Poshmark is available in the U.S., Canada, India, and Australia, but at this time Poshers cannot buy or sell outside of their country. 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. Get full access to all features within our Business Solutions. Have to complete the purchase to update your shipping address - Depop To answer that, we must take a closer look at the two. The Depop social shopping app blends the aesthetic and social aspects of Instagram with the buy-and-sell format of eBay. Depop is the community-powered marketplace app where people exploring style and the latest trends come to shop and sell circular fashion. Find what you are looking for, negotiate with the seller through the apps inbuilt messenger. On this Wikipedia the language links are at the top of the page across from the article title. don't give up! Founded in the U.K. in 2011, Depop lets people buy and sell used clothes through its online marketplace. It provides a mobile marketplace that enables individuals to buy and sell their items on iOS and Android platforms. [13], Most of the items sold on Depop are used, vintage, and repurposed pieces of clothing. You can also save money on shipping by using Packlink to compare couriers and find the most cost-efficient solution. Sellers who live in countries where depop is not popular wouldn't be able to sell anything if they couldn't do it. [16] Celebrities have resold their own items on Depop, with some donating proceeds to charitable causes. This means that you will need a U.S., Canada, Australia, India, or UK billing and shipping address, as well as a U.S., Canada, Australia, India, or UK internet provider (IP) address.