what countries is depop available in what countries is depop available in

Depop is the community-powered marketplace app where people exploring style and the latest trends come to shop and sell circular fashion. Ship. I think because a lot of my customers come from communities where fashion hadnt really considered them, they kind of gravitate to everything, he says. 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. Whatever you're into, find the item and the seller for you on Depop. [13], Most of the items sold on Depop are used, vintage, and repurposed pieces of clothing. . 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. Contact Data CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For . The company was founded in 2011 and is headquartered in London . Users can pay for items using PayPal. In an age of financial uncertainty, young people are taking finances into their own hands. 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. We disclaim any obligation to update forward-looking statements. As a mobile app, it is available on iOS and Android platforms. Depop is a reliable website that allows you to buy and sell items. 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 2023 CNBC LLC. It's easy to get started - just create an account to start selling. Etsy CEO on how $1.6 billion deal for Depop could help the company grow. You then use this address for your deliveries, and theyll automatically forward them to your home country. 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. OLIO. Currently, you are using a shared account. Find what you are looking for, negotiate with the seller through the apps inbuilt messenger. Make sure your clothing is the focal point of the picture by keeping the . Weve talked about fluidity as much more than gender for some time at Depop, says chief brand officer Peter Semple. 12.9% of the sale price or lower, plus $0.30 per order. Press J to jump to the feed. There are plenty of resources available to help you cleared up any questions you may have. Founded in the U.K. in 2011, Depop lets people buy and sell used clothes through. Depop allows its sellers to include rules buyers can see when scrolling through their posts. As covered, Vinted connects 21 million users worldwide, operating in 15 countries. It was established in 2011 by Simon Bekerman and now has over 15 million . Both apps implement slightly different structures, with Depop having a more 'social' feel, with buyers scrolling through listings like they were using Instagram or Facebook. Simon Beckerman and Maria Raga are the co-founders and current owners of Depop. If you experience any issues with this process, please contact us for further assistance. ThredUP currently ships to the United States and Canada, with no current plans to expand to additional countries at this time. The platform only keeps your data as long as it needs it and encourages you not to share your personal information, like your phone number, address, or email address. Depop Summary. Forward-looking statements represent our beliefs and assumptions only as of the date hereof. Online marketplace Etsy announced . Business Summary. Depop. Investor Relations Contact: Etsy, Deb Wasser, Vice President, Investor Relations and ESG Engagement: dwasser@etsy.comor Etsy, Gabe Ratcliff, Director, Investor Relations: gratcliff@etsy.com, Media Relations Contact:Etsy, Kelly Clausen, Senior Director, Corporate Communications: press@etsy.com, Cautionary Statement Regarding Forward-Looking Statements. Others were also unhappy with the customer service describing it as unresponsive. However, we have a pretty simple solution that gets around this restriction. We estimate that one in four 15-24-year old's in Australia are on Depop," says Aria Wigneswaran, Country Manager Australia, Depop.. Depop, for example, charges its sellers 10% of each sale plus the possible PayPal fee for one's country. For Semple, physical events remain hugely relevant. They come to Depop for the clothes, but stay for the culture. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Growing up in a hyper-connected world, Gen Z is more vulnerable to macro level uncertainties, the report finds. ", "Is Depop being gentrified? From an enthusiasm for secondhand clothes to a sincere embrace of cultural fluidity, Generation Z are radically different to older demographic groups, according to wide-ranging research on their behaviours by Depop, the resale platform. By providing your email address below, you are providing consent to Etsy to send you the requested Investor Email Alert updates. Its not so long ago that many people wouldnt have thought of themselves as potential resellers, he says. This press release (including statements quoted in this press release) contains forward-looking statements within the meaning of the federal securities laws. The deal marks the biggest acquisition yet for Etsy, which went public on the New York Stock Exchange in 2015. Some of the motivations for using Depop come as no surprise 75 per cent of those surveyed are looking to reduce clothing consumption. Depop users who opt for using Royal Mail are penalised by being forced to pay Depop sales fees out of pocket and wait up to one month to receive their earnings. Unfortunately, yes. Available on Android and iOS (free) Another great app for the starving student! Depop reports having over 30 million registered users in over 150 countries. Then I sent them this. The freight forwarder accepts the package on your behalf. Paypal withholds those Depop users funds from any items sold for a minimum of 21 days from the date of sale[citation needed]. 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. Depop, on the other hand, while having a user base of over 26 million, is only available in 6 countries. Depop has evolved to become the community-powered fashion marketplace to buy and sell unique fashion, with approximately 30 million registered users in more than 150 countries. Expands our TAM in a large and fast-growing market, Well positioned to benefit from Etsy's expertise to, http://www.prnewswire.com/news-releases/etsy-to-acquire-global-fashion-resale-marketplace-depop-301303695.html. 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. [6] Beckerman raised 1 million in funding in October 2013 from Red Circle Investment and brought on Faroese Runar Reistrup as new CEO. They come to Depop for the clothes, but stay for the culture. I agree to receive your newsletter. Here in the United States, it doesn't. For sellers, we offer a range of tools and services that address key business needs. Credit Suisse served as exclusive financial advisor to Depop and Weil, Gotshal & Manges LLP served as its legal advisor. 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 90% of Depop's active users are under the age of 26.Depop. The company has an expanding global presence being popularised in countries such as the United States, United Kingdom, Australia, New Zealand, and Italy. This extends to how these generations view life and society, but also fashion. If you look around online, youll find a bunch of companies in the U.S. offering physical United States addresses to customers located overseas. In case of sender and recipient from the same country or within a radius of 10 kilometres, the user can deliver/collect in person, but no payment in cash. Forward-looking statements include all statements that are not historical fact. In 2021, Depop was acquired by Etsy for $1.6 billion. trend cycle continues to quicken, posing a challenge for fashion brand marketers seeking to connect with younger consumers. The first difference is the market available. June 2, 2021. Create an account to follow your favorite communities and start taking part in conversations. Then you can access your favorite statistics via the star in the header. Sell. I'm trying to figure out an alternative atm 10 Depop - buy, sell, discover unique fashion Log in Menswear Womenswear Jewellery Beauty More Brands Top searches Find your style Shop the biggest brands you know and love. Depop is the community-powered marketplace app where people exploring style and the latest trends come to shop and sell circular fashion. Up to 140,000 new listings every day. In light of such risks, readers are cautioned not to place undue reliance on such forward-looking statements. To some degree, we have a closer relationship with Gen Z than almost any other institution in the world at scale, says Depop chief brand officer Peter Semple. On the other hand, Depop sellers can absorb the postage cost by hiding it in the item's price as free shipping. Place your item in a box or shipping envelope, available at office supply stores or the post office. Are you interested in testing our business solutions? But their interest in secondhand clothes also has significance beyond save-the-planet instincts. Please read the full Terms of use and Privacy Policy. To download the Depop mobile app, go to Google Play and click download. Depop's GMS grew at a compounded annual growth rate of nearly 80% from 2017-2020. [5] In 2015, Depop secured another investment of $8 million from Balderton Capital and Holtzbrinck Ventures. Depop will remain headquartered in London, Etsy said, operating as a standalone business run by current management. The first difference is the market available. However, it soon started to spread across other markets, eventually becoming a worldwide marketplace for second-hand clothing. Etsy is buying secondhand fashion app Depop for $1.62 billion in a deal primarily consisting of cash. Learn more about how Statista can support your business. But why Depop? Investor Relations Manager, Advances leadership in community-driven and differentiated marketplaces, Etsy to acquire global fashion resale marketplace Depop. 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. Thrift stores, in the Poway area, are pretty cheap. We're a community that inspires and connects our users." In March 2016, former CEO, Runar Reistrup, stated that Depop's growth was achieved through word of mouth. Sign up for free newsletters and get more CNBC delivered to your inbox. Depop is a reliable website that allows you to buy and sell items. Both platforms are dominant forces, connecting 21 and 26 million users worldwide, respectively. 147. DollarBreak is reader-supported, when you sign up through links on this post, we may receive compensation. As of today, Vinted is available in 15 countries. Depop payments are transferred directly to your PayPal account, and no intermediary is involved in handling transactions. Its report, released this Monday, unpacks Gen Zs collective behaviours in a pandemic world and beyond. Available: https://www.statista.com/statistics/1122928/depop-monthly-active-users-uk/, Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021, Available to download in PNG, PDF, XLS format, E-commerce revenue worldwide 2017-2027, by segment, Global fashion e-commerce market size 2021-2025, Worldwide online fashion retail revenue 2021-2025, by segment, Online fashion retail revenue change worldwide 2019-2025, by segment, Fashion e-commerce users worldwide 2021-2025, by segment, Online fashion retail revenue worldwide 2019-2025, by region, Online fashion retail revenue worldwide 2022, by country, Fashion e-commerce revenue in Asia 2021-2025, Fashion e-commerce revenue in North America 2021-2025, Fashion e-commerce revenue in Europe 2021-2025, Fashion retail sales channel share worldwide 2022, by region, Fashion: top 5 online stores worldwide in 2021, by net sales, CAGR of leading fashion e-commerce companies worldwide 2020-2022, nike.com: E-Commerce net sales from 2014 to 2022, zara.com: E-Commerce net sales from 2014 to 2022, asos.com: E-Commerce net sales from 2014 to 2022, zalando.de: E-Commerce net sales from 2014 to 2022, Leading fashion and apparel websites worldwide 2022, based on visit share, International site traffic on top fashion websites in select countries worldwide 2021, Increase of site traffic on top fashion websites in select countries 2021, Global online fashion shopping cart abandonment rate 2021, by type, EU consumers who use mobile apps for online shopping purposes 2021, E-commerce penetration rate among active Gen Z users China in 2020, by platform, Global consumers reasons for not liking online shopping 2021, Fashion purchases of consumers in 2020 and 2023, by channel, Usage of online reviews to help with fashion purchases 2021, by country, Share of shoppers buying clothes online after store visit in Europe 2021, by country, Monthly active users of VSCO in the UK 2017-2020, Monthly active users of Reddit in the UK 2017-2020, Location of purchase of second-hand shoes/footwear in the UK 2019, Facebook Messenger: number of monthly active users 2014-2017, Types of clothing items purchased second-hand in the UK 2019, Share of MAU on the smartphone and tablet market in Japan 2018, by brand, Forecast of the smartphone user penetration rate in Estonia 2015-2022, Forecast of smartphone user numbers in Slovenia 2015-2022, Forecast of smartphone user numbers in Denmark 2018-2025, Growth in the fashion market value in Russia 2012-2017, Forecast of the smartphone user penetration rate in Switzerland 2018-2024, Forecast of the smartphone user penetration rate in Lithuania 2015-2022, Forecast of the smartphone user penetration rate in the Czech Republic 2015-2022, Forecast of smartphone user numbers in Slovakia 2015-2022, Forecast of smartphone user numbers in the Czech Republic 2015-2022, Woven fashion import volume to Japan 2015-2020, Share of fashion import volume to Japan 2021, by region, Depop app downloads per month worldwide 2020-2022, Knitted fashion import volume to Japan 2015-2021, Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions), Find your information in our database containing over 20,000 reports. Depop significantly grows Etsy's GMS in the apparel sector, which was ~$1 billion in 2020. Depop boasts approximately 30 million registered users across 150 countries. When it comes to newness, this generation has a new lens through which they see new.. Sellers can set up their Depop shop and quickly list . If you think about selling your old clothes online, two reselling apps immediately spring to mind - Vinted and Depop. Use Ask Statista Research Service. Forward-looking statements include all statements that are not historical facts. Discover independent brands making waves and the creators behind them. eBay is one of the most popular platforms that allows you to buy and sell goods and services like electronics, clothing, and more. ETSY. [14] Users can also follow other sellers, whose posts will appear in their feeds. An overwhelming 90 per cent of its active users are under the age of 25. (November 8, 2021). Depop promises not to share your details with third parties. With 4 million active buyers and 2 million . Over 3 million products sold in 12 months with a year limited warranty, Sell smartphones, tablets, laptops books, watches, video games and Lego, Get a free instant item valuation, ship your item for free and get paid, No fees for sellers buyers pay no fees up $50 items. Depop profit calculator - Calculate your Depop and Paypal fees, shipping amount, taxes, revenue and profits for every product you sell on your Depop store. . Subscribe to receive weekly Side Hustle recommendations. You can change the interval in the system settings. Our company was founded in 2005 and is headquartered in Brooklyn, New York. 26M+ registered users over 150 countries. 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. [Online]. According to positive reviewers, Depop allowed them to start their small business. It also gives the online marketplace a bigger footprint in fashion resale. While some users complained of poor customer service, Depop can help you make extra money online. Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. Get paid fast when your item sells. You can then. As of March 31, 2021, Etsy had approximately $2.0 billion in total liquidity consisting of $1.8B in cash, cash equivalents and short and long term investments on its balance sheet and an undrawn $200 million revolving credit facility. When we do drops, its really hard to kind of nail down an aesthetic.. The number of app users in the United Kingdom went from. How do you do the magic of taking people on the algorithmically understood journey of things they might be looking for, but then continually inject inspiration and surprise?. How to sell. Skepta Nike Air Max Plus, SK Air Blue Tailwind Size: UK 8.5 Condition / info: 10/10 Condition, Worn A Handful Of Times perfect condition PLEASE READ International Shipping is available for all countries UK 48 Tracked Royal Mail Shipping to all UK orders Items are shipped within 48 hours Guaranteed All of our items are second hand unless stated otherwise. 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. Y, 2019. As you can see, while looking practically identical at first glance, Depop and Vinted are two sides of the same coin. On paper, Depop and Vinted offer the exact same services, connecting second-hand clothing sellers with buyers. Get paid for the item and start the shipping process. [15] Depop users are also encouraged by the platform to use other social networking services such as Instagram to promote their shop profiles. The company will send a six-digit code that you can use to verify your account. Unlike Depop sellers, Vinted sellers don't pay any fees. The company, founded by Simon Beckerman in 2011, is headquartered in London, with offices in Manchester, New York, Los Angeles and Sydney, with approximately 400 employees dedicated to its mission of building the world's most diverse progressive home of fashion, that's kinder on the planet and kinder to people. Users can buy and sell clothing, accessories, and beauty products. Depop also pays via PayPal compared to Decluttr, which uses Direct deposit, PayPal, and Check. Depop is headquartered in London, England and Los Angeles, California. The app has over 10 million users and is available in over 100 countries. Profit from the additional features of your individual account. 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. The second-hand market is projected to grow at a 39% CAGR from 2019-2024 in the United States, reaching $64 billion, and to grow to twice the size of fast fashion on a global basis.1 Starting first in the U.K. and moving into the U.S. and Australia, Depop now has a community of approximately 30 million registered users across nearly 150 countries. ", 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. Vinted operate differently, with money not being transferred to your account immediately after the purchase. Etsy, Inc. operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world. They will charge you extra to pay for the import taxes up front, but will just keep the money instead so you have to pay taxes x2 + handling fees when the package arrives in your country. Etsy expects to finalize the deal by the third quarter of 2021. The website was launched in 2011 as a social network for PIG magazine readers wanting to buy featured items. It really makes us think about, how do we serve these journeys? [3] Paolo Barberis and Nana Bianca were two of the first investors in the platform in 2012 with a seed investment. As covered, Vinted connects 21 million users worldwide, operating in 15 countries. The mission of my brand is to represent the underrepresented, says Depop seller Tom Evans (@areaeighteen). Resale has emerged as a popular side-hustle; Depop and social media allow Gen Z to cultivate their businesses in a non-traditional and deeply personal way. Like Depop, eBay charges a commission of 10% on all the items sold. Ticker: ETSY. If you have several packages, MyUS can bundle the packages into one order. Popular sellers on the platform often go on to become social media influencers. Etsy has sufficient available liquidity to fund the acquisition. And it doesn't look like there's a way to list items from a computer. uniexpressgt.com participates in various affiliate programs, and we sometimes get a commission through purchases made through our links. As a Premium user you get access to background information and details about the release of this statistic. 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. The platform is very similar to other online marketplaces like eBay, Facebook Marketplace, Mercari, or Poshmark. Depop is a peer-to-peer social e-commerce company based in London, with additional offices in Manchester, Milan and New York City. Compare features, ratings, user reviews, pricing, and more from Depop competitors and alternatives in order to make an informed decision for your business. Etsy, Inc. (Etsy) operates two-sided online marketplaces that connect people and buyers, and sellers around the world. It's a bit more buyer-friendly, encouraging users to make quick transactions and enabling them that by intuitive and straightforward service. Ebay has a working international search so sellers aren't forced to do it, on depop you have to change your location manually to see listings from other countries. The site . Kasera has had a long career in personal finance having spent over 5 years working as a financial advisor directly with CEOs, business owners, and entrepreneurs. To make sure everything arrives in one clean piece, pack your items well; Keep your buyer informed. Depop was established as a social network for readers of PIG magazine back in 2011 by magazine founder - and head of sunglasses brand Retrosuperfuture - Simon Bekerman. - 30M+ registered users in over 150 countries - 32M+ items are available for sale on Depop - $1 Billion made by the Depop community to date How to join Depop In the post-pandemic era, music and entertainment experiences that go beyond buying and selling will be much-needed by Gen Z, he says. In June 2021, Etsy announced it would acquire Depop for $1.6 billion in cash. Vinted also works as an intermediary between sellers and buyers, helping resolve issues. Here are some vital facts and figures about how Depop works today. Who we are. Secondhand may be sustainable but its also cool. As a Premium user you get access to the detailed source references and background information about this statistic. Vinted is more transactional. And then I still do a few [dance] teaching jobs and dance performance jobs on the side. . Since Depop has attracted young people, you can expect a lot of clothing and other items to be approved by the millenials. With 4 million active buyers and 2 million active sellers in 2020, we believe Depop's cohort behavior is particularly impressive: for example, in 2020, 75% of GMS was from existing cohorts; ~75% of sellers were also buyers; and, on average, sellers sold approximately 10 items and buyers bought approximately 6 items. Send your buyer a message thanking them and letting them know when you plan to ship; Ship ASAP using tracked delivery. A copy of the presentation that will be covered on the conference call will also be posted to our website. [5] Depop expanded and opened additional offices in Milan and New York City. Get this delivered to your inbox, and more info about our products and services. That presents a challenge for Depop. Sellers and users weigh in on the debate", "Everyone's Favorite Thrifting App Favors Thin White Models", https://en.wikipedia.org/w/index.php?title=Depop&oldid=1141140101, Online marketplaces of the United Kingdom, Articles lacking reliable references from September 2021, Articles with unsourced statements from August 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 23 February 2023, at 15:28. This button displays the currently selected search type. Unfortunately, Depop doesnt ship directly to Europe. Etsy CEO Josh Silverman called the start-up the"resale home for Gen Z consumers. Click here to view 60+ Websites to Sell Stuff. Prices for clothing range from $3-$15. The app is currently available only in European countries, but it's expected to soon be available in the US too. When you click on 23-year-old Lyuu's Depop shop, you'll see a collection of pink, black, red and white gothic and vintage clothing from a designer Dior bag that costs nearly two grand to an . Depop was founded in 2011 by entrepreneur Simon BeckermanDepop is a buy and sell app that allows you to sell items. Depop should know. 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. 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. Poshmark is best known for women's fashion, trendy brands, and higher-end clothing and accessories. 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. The brand registered unprecedented growth in May and July 2020, with. statistic alerts) please log in with your personal account. Fluidity extends beyond gender identity. These companies provide addresses for this specific use case, and theyll even help ship your packages directly to you. The buyer pays shipping costs and a small buyer protection fee when buying via Vinted. With over 26 million users in more than 150 countries, Depop is the place for anyone looking to celebrate style on their terms and keeping millions of items of clothing in rotation. ", She added: "Our community is made up of people who are creating a new fashion system by establishing new trends and making new from old.