Etsy Inc (NASDAQ:ETSY, XETRA:3E2) shares jumped more than 11% on Thursday after the company announced it will sell its fashion resale app Depop to eBay for approximately $1.2 billion in cash, as the online marketplace reported mixed fourth quarter financial results.

Q4 2025 Management View Kruti Goyal, CEO, opened her first earnings call with the announcement of a definitive agreement to sell Depop to eBay for $1.2 billion in cash, stating this will allow Etsy to "focus exclusively on the compelling opportunity we see in front of us to grow the Etsy marketplace in