what countries is depop available in

Compare features, ratings, user reviews, pricing, and more from Depop competitors and alternatives in order to make an informed decision for your business. It allows users to buy and sell items, most of which are used and vintage pieces of clothing. <br><br>In the year between finishing my undergraduate degree and beginning my postgraduate studies, I completed as many contract internship . This press release (including statements quoted in this press release) contains forward-looking statements within the meaning of the federal securities laws. Vinted, for instance, is generally more focused on the transactional side. It was established in 2011 by Simon Bekerman and now has over 15 million . One user even commented that they were able to receive payments fast. 90% of Depop's active users are under the age of 26.Depop. We're excited to build a 'house of brands' where the whole is greater than the sum of its parts.". You then use this address for your deliveries, and theyll automatically forward them to your home country. To make sure everything arrives in one clean piece, pack your items well; Keep your buyer informed. If you're trying to browse thredUP from another country, you unfortunately won't be able to access our site and will have restricted website access. 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. Essentially, youll be able to get any item from the Depop store shipped to Europe, all for a crazy low price. The only thing that I would change are the "plus . In June 2021, Etsy announced it would acquire Depop for $1.6 billion in cash. 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. Depop is the community-powered fashion marketplace to buy and sell unique fashion, with over 30 million registered users in more than 150 countries. From crypto to clothes: Why Gen Z are investors now, From Essentials to Adidas: Whats next for Fear of God. Ganni, Patagonia and Reformation join pilot to decarbonise fashion, US retailers prepare for new normal in 2023 after rocky year, Chanel names Whitney Peak as new face of Coco Mademoiselle, The Long View by Vogue Business: Gen Zs power will reshape luxury, Post-pandemic playbook: What Gen Z want from physical retail, Fluidity, glamour and pop culture: The top trends of 2021, Enter your email to receive editorial updates, special offers and breaking news alerts from, From TikTok to Depop: Fashions new trend funnel. Listings also aren't required to look overly professional, which makes the Vinted app better suited for casual sellers who want to clear their inventory. While some users complained of poor customer service, Depop can help you make extra money online. . Depop will remain headquartered in London, Etsy said, operating as a standalone business run by current management. 6) The app must also have an express courier function, home collection/delivery, users can do everything without leaving home. This presentation contains forward-looking statements within the meaning of the federal securities laws. 22. Unfortunately, Depop doesnt ship directly to Europe. Etsy expects to share more information in conjunction with its second quarter 2021 financial results. You need a Statista Account for unlimited access. Depop is a popular second-hand fashion marketplace app with a global community of buyers and sellers. Here in the United States, it doesn't. Those interested in submitting questions during the conference call can do so by using the Q&A chat window, which will be available during the webcast. Currently, you are using a shared account. In an age of financial uncertainty, young people are taking finances into their own hands. Selling on Depop and Vinted looks pretty similar, requiring sellers to engage in increasing sales. Poshmark is currently only available in the United States, Canada, Australia, India, and the United Kingdom. As a Premium user you get access to the detailed source references and background information about this statistic. Dont worry, youre not going to need to splash out on a property, there is a much cheaper solution. Its report, released this Monday, unpacks Gen Zs collective behaviours in a pandemic world and beyond. The first difference is the market available. You can sign up for additional alert options at any time. How to Deliver Items from the Depop Online Store to Europe 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. A paid subscription is required for full access. Whether they find something online and then go to an in-store event, Gen Z want complete fluidity between the physical and digital world of brands, even if they interact with the brand through a third-party retailer, says Bains Federica Levato. Etsy CEO Josh Silverman called the start-up the"resale home for Gen Z consumers. Depop, for example, charges its sellers 10% of each sale plus the possible PayPal fee for one's country. Depop. With a background in economics and now e-business, she has joined Dollarbreak to share her experience, to help individuals make sound financial decisions revolving around budgeting, spending, money making and investing. <br><br>I have demonstrated skills and experience in public relations, fashion marketing, and fashion communications. The company was founded in 2011 and is headquartered in London . How do you just dip in and dip out and find what you need to sell quickly, sell simply and sell easily and then carry on with your life?. 26M+ registered users over 150 countries. 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. ", "Is Depop being gentrified? Please create an employee account to be able to mark statistics as favorites. The content on dollarbreak.com is for informational and educational purposes only and cannot replace any professional financial advice. The site . Etsy CEO Josh Silverman said the company was "thrilled" to be adding what it believes to bethe"resale home for Gen Z consumers" to Etsy. We estimate that one in four 15-24-year old's in Australia are on Depop," says Aria Wigneswaran, Country Manager Australia, Depop.. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. For sellers, we offer a range of tools and services that address key business needs. You can also save money on shipping by using Packlink to compare couriers and find the most cost-efficient solution. If you look around online, youll find a bunch of companies in the U.S. offering physical United States addresses to customers located overseas. [5] In 2015, Depop secured another investment of $8 million from Balderton Capital and Holtzbrinck Ventures. r/Depop omfgf i thought this girl had her boob out in the 1st pic and ive been debating whether or not to tell her for like an hour (in case it was an accident) and just realised it was her ELBOW 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. This transaction is an ideal fit with Etsy's marketplace M&A criteria: Aligns with Etsy mission, strategy and values: Depop shares Etsy's DNA, with a parallel growth strategy that highlights sellers' unique merchandise by improving search and discovery, driving human connections, and building marketplace trust. OLIO. Date of release is date of access.Figures have been rounded. Depop should know. As covered, Vinted connects 21 million users worldwide, operating in 15 countries. In November 2019, Business of Fashion reported that users within the Depop app were receiving sexually suggestive messages.[23]. trend cycle continues to quicken, posing a challenge for fashion brand marketers seeking to connect with younger consumers. These risks and uncertainties include, among others, the possibility that the conditions to the closing of the acquisition of Depop may not be satisfied or waived or that other events may cause the acquisition to not be completed, the potential impact to the business of Depop or Depop's relationships with its marketplace community due to the announcement of the acquisition, Etsy's ability to successfully integrate the acquisition and execute on its business plan and 'house of brands' operating model, and general economic conditions, many of which are beyond Etsy's control, and other risks and uncertainties that are more fully described in our filings with the Securities and Exchange Commission, including in the section entitled "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 and subsequent reports that we file with the Securities and Exchange Commission. In 2021, Depop was acquired by Etsy for $1.6 billion. To contact Depop customer service, go to the help desk page, enter your details and submit. As a Premium user you get access to background information and details about the release of this statistic. These and other risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission, including in the section entitled Risk Factors in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, and subsequent reports that we file with the Securities and Exchange Commission. Disclosure. Decide your price. Vinted also works as an intermediary between sellers and buyers, helping resolve issues. Gen Z fluidity extends to the mix of digital and physical experiences, with physical still considered very important even for a generation of digital natives. 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. Depop also pays via PayPal compared to Decluttr, which uses Direct deposit, PayPal, and Check. 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. What are the Other Ways to Make Money on Depop? [19][20] According to Taylor Lorenz of The Atlantic, Depop draws in Gen Z users through being easily accessible and having affordable prices, and much of its user base uses it to track trends in fashion. Vinted and Depop have different payment policies. Company summary. Following the close of this transaction, Etsy Inc. will operate three highly differentiated, non-commoditized and loved ecommerce brands: Etsy, Reverb, and Depop. . BROOKLYN, N.Y., June 2, 2021 /PRNewswire/ --Etsy, Inc. (NASDAQ: ETSY), 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 Depop, a privately-held, community-led, and purpose-driven marketplace for unique fashion for $1.625 billion consisting primarily of cash, 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. Depop seller Adwoa Owusu-Darko has run her brand Mini's World (@minisworld) since 2016. [14] Users can also follow other sellers, whose posts will appear in their feeds. The brand registered unprecedented growth in May and July 2020, with. E-commerce firm Etsy announced Wednesday that it is buying the secondhand fashion app Depop for $1.62 billion. I agree to receive your newsletter. [6] Most active users of Depop are located in the United Kingdom, Australia, United States and Italy. Make sure your clothing is the focal point of the picture by keeping the . It also gives the online marketplace a bigger footprint in fashion resale. If you are an admin, please authenticate by logging in again. How to sell. Depop | Buy & Sell Clothing 12+ Resale Marketplace for Clothes Depop Ltd #60 in Shopping 4.8 399.1K Ratings Free iPhone Screenshots Buy. 16.6M+ items are available for sale on Depop. [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. It's also recommended to refresh and bump your listings for them to stay at the top of the search. About Depop Our leadership Facts and figures. Vintage, streetwear, one-of-a-kind, Y2K are the biggest styles on Depop. Enter your email to receive editorial updates, special offers and breaking news alerts from Vogue Business. It caters to a variety of different fashion pieces such as designer, vintage, and streetwear. You simply register an account with a Freight Forwarder, and theyll provide you with a U.S. based address. Founded in 2011, Depop has attracted mainly younger users thanks to its social media savvy. Its sustainability plan is built around the UN's Global Goals, the 17 objectives designed to tackle the systemic causes of extreme poverty, including the climate crisis and inequity. Depop is expected to be accretive to Etsy's top line growth rate and modestly dilutive to Etsy's adjusted EBITDA margin. In 2020, Depops gross merchandise sales and revenue increased to $650 million and $70 million, respectively. Depop is a place for anyone to discover and celebrate their style on their own terms, and to feel good about their fashion choices by extending the lives of millions of garments. By Lisa Lacy. Many sellers model the clothes they sell themselves. As of today, Vinted is available in 15 countries. The Depop study echoes this point, with respondents underlining fluid identity when buying and selling clothes. Depop is a peer-to-peer social shopping app based in London that first launched in 2011. Depop's CEO Maria Raga said, "We're on an incredible journey building Depop into a place where the next generation comes to explore unique fashion and be part of a community that's changing the way we shop. The buyer pays shipping costs and a small buyer protection fee when buying via Vinted. She has about 40,000 followers, and selling clothes online has become a full-time job for her. 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. You can unsubscribe anytime. All Rights Reserved. . You can also move the money to your bank account once its transferred to PayPal. However, while the idea behind the two is similar, there are some key differences between Vinted and Depop. The platform is very similar to other online marketplaces like eBay, Facebook Marketplace, Mercari, or Poshmark. You can change the interval in the system settings. For Semple, physical events remain hugely relevant. A Division of NBCUniversal. Founded in 2011, Depop is a community-powered marketplace to buy and sell unique fashion, with a mission to build the world's most diverse and progressive home of fashion. [13], Most of the items sold on Depop are used, vintage, and repurposed pieces of clothing. Business Summary. As said, when selling at Vinted, a buyer covers all transaction-related fees, including shipping costs. Depop is the community-powered fashion marketplace to buy and sell unique fashion, with over 30 million registered users in more than 150 countries. A lot of people in my generation have that set-up income from a few little baskets, he says. We disclaim any obligation to update forward-looking statements, except as required by law. Its important to have cultural fluidity, she says. If you have several packages, MyUS can bundle the packages into one order. This button displays the currently selected search type. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Depop is a social shopping app that has been described as a mix of eBay and Instagram. Its because theyre reliable, dont charge a bunch of taxes, and offer affordable rates. Alternatives to Depop. Now, were assuming that you neither own a house there or do you have relatives living there, so how is this even possible? Growing up in a hyper-connected world, Gen Z is more vulnerable to macro level uncertainties, the report finds. Like Depop, eBay charges a commission of 10% on all the items sold. ", 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. Depop's 2020 gross. Depop is the community-powered marketplace app where people exploring style and the latest trends come to shop and sell circular fashion. 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. Sky warns: "Don't let your photo be more distracting than the product you're selling.". OpenAI explain why some countries are excluded from ChatGPT Download PDF. We're a community that inspires and connects our users." You can also email them at support@depop.com. i sold a pair of shoes on depop about ten days ago, and they were delivered on wednesday, 1/15/2021. 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. ", Airnow, Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions) Statista, https://www.statista.com/statistics/1122928/depop-monthly-active-users-uk/ (last visited March 04, 2023), Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions) [Graph], Airnow, November 8, 2021. Whatever you're into, find the item and the seller for you on Depop. Discover unique fashion. The app is currently available only in European countries, but it's expected to soon be available in the US too. Depop is a peer-to-peer social shopping app. Depop's beginnings were also relatively humble. Sellers can set up their Depop shop and quickly list . Unfortunately, Depop doesn't ship directly to Europe. [15] Depop users are also encouraged by the platform to use other social networking services such as Instagram to promote their shop profiles. Vinted is more transactional. 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. The company is headquartered in London, with offices in Manchester, New York, Los Angeles and Sydney. Available everywhere. 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. Type Subsidiary . "To some degree, we have a closer relationship with Gen Z . We'll now take an exciting leap forward as part of the Etsy family, benefiting from Josh's and his team's expertise, and the resources of a much larger company whose values are so aligned with ours here at Depop. While some users complained of poor customer service, Depop can help you make extra money online. Bank of America reveals the winning market share gainers with more room to run, Goldman Sachs upgrades this internet of things stock which it sees surging 60%, JPMorgan upgrades Procter & Gamble, says consumer staples stock could be an earnings compounder. Some 75 per cent of Depop sellers also buy from the platform, an ecosystem that allows them to straddle the worlds of the consumer and of business however they wish, says Semple. Depop also requires sellers to make their offers look more professional, which is why it's better suited for small businesses. These businesses all share similar levers of growth to unlock value, including improving search and discovery, building human connections, and making selling and buying easier. Discover independent brands making waves and the creators behind them. 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. That leads us to the question, which of these two reselling platforms is better? Profit from the additional features of your individual account.

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