what countries is depop available in

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Our community is made up of people who are creating a new fashion system by establishing new trends and making new from old. In some cases, forward-looking statements can be identified by terms such as anticipate, believe, could, enable, estimate, expect, goal, intend, may, outlook, plan, potential, target, will, or similar expressions and derivative forms and/or the negatives of those words. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. --Etsy, Inc., 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. As people are given access to so many different types of inspiration, whether its peer-to-peer or the mix of influence you can get from each type of influential figure, each individual is fluid in their style, their self-expression., Hadiyah Hussain communicates her South Asian culture through her brand on Depop, which features screen-printed pieces for all genders and sizes. Y, 2019. . 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. 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. The app is currently available only in European countries, but it's expected to soon be available in the US too. 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. Create an account to follow your favorite communities and start taking part in conversations. In interviews with nearly a dozen Depop users, BoF heard numerous reports of women being inundated with sexual messages. As a mobile app, it is available on iOS and Android platforms. They come to Depop for the clothes, but stay for the culture. Got a confidential news tip? You can also save money on shipping by using Packlink to compare couriers and find the most cost-efficient solution. This press release (including statements quoted in this press release) contains forward-looking statements within the meaning of the federal securities laws. Decide your price. It also gives the online marketplace a bigger footprint in fashion resale. However, we have a pretty simple solution that gets around this restriction. These are called 'Shop Policies,' stating whether you accept returns as a seller. Press question mark to learn the rest of the keyboard shortcuts. With over 26m 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. Depop, on the other hand, while having a user base of over 26 million, is only available in 6 countries. An overwhelming 90 per cent of its active users are under the age of 25. "Monthly active users (MAU) of the Depop app in the United Kingdom (UK) from January 2018 to October 2021 (in millions)." This partly refers to self-identity. Depop will remain headquartered in London, Etsy said, operating as a standalone business run by current management. [5] Depop expanded and opened additional offices in Milan and New York City. Depop profit calculator - Calculate your Depop and Paypal fees, shipping amount, taxes, revenue and profits for every product you sell on your Depop store. Poshmark is currently only available in the United States, Canada, Australia, India, and the United Kingdom. Sell. Gen Z, the next wave of luxury consumers, are a fluid generation who crave flexibility and think secondhand clothes are cool, according to new research by Depop, produced in collaboration with consultancy Bain. Do NOT buy from GB via Depop if you live in the EU. New risks emerge from time to time. That said, you can expect to ship your items at lower prices when using Vinted. 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. Since Depop works more like a social network platform, it allows sellers to reach more users with their listings. Conduct your own research and seek the advice of a licensed financial advisor. [3] Paolo Barberis and Nana Bianca were two of the first investors in the platform in 2012 with a seed investment. . Unfortunately, yes. To contact Depop customer service, go to the help desk page, enter your details and submit. This button displays the currently selected search type. Depop, on the other hand, is a better choice for a small business. Forward-looking statements involve substantial risks and uncertainties that may cause actual results to differ materially from those that we expect. Get full access to all features within our Business Solutions. Alternatives to Depop. In light of such risks, readers are cautioned not to place undue reliance on such forward-looking statements. Its report, released this Monday, unpacks Gen Zs collective behaviours in a pandemic world and beyond. 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. The app has over 10 million users and is available in over 100 countries. Online marketplace Etsy announced . 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 . Type Subsidiary . VP of Investor Relations, Jessica Schmidt [7] Depop was the official app sponsor of the 2016 Vans Warped Tour. Sellers can set up their Depop shop and quickly list . Learn more about how Statista can support your business. Popular sellers on the platform often go on to become social media influencers. Moreover, we operate in a very competitive and rapidly changing environment. As a Premium user you get access to background information and details about the release of this statistic. By providing your email address below, you are providing consent to Etsy to send you the requested Investor Email Alert updates. The company has attracted a predominantly younger audience thanks to its social media savvy and messaging on environmental and ethical shopping. An overwhelming 90 per cent of its active users are under the age of 25. 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 Who we are. [9], In 2020, Depop's gross merchandise sales and revenue both more than doubled to $650 million and $70 million respectively. Depop was founded in 2011 by entrepreneur Simon Beckerman at an Italian technological incubator and business H-Farm start-up centre. Depop promises not to share your details with third parties. Overview. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Which one is better, though? [14] Users can also follow other sellers, whose posts will appear in their feeds. Items are usually secondhand or homemade. Shop now Sell your way With a website and apps available on both iOS and Android, Depop promises to be an online shopping. "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. As for Vinted, they have a buyer's protection feature. You simply register an account with a Freight Forwarder, and theyll provide you with a U.S. based address. 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. Its marketplace connects over 21 million users, selling, buying, and exchanging second-hand clothes and accessories. Depop is a place for anyone to discover and . There are plenty of resources available to help you cleared up any questions you may have. Etsy believes Depop has a highly differentiated position in the fast-growing resale space: Josh Silverman, Etsy, Inc. CEO, commented, "We are simply thrilled to be adding Depopwhat we believe to be the resale home for Gen Z consumersto the Etsy family. Depop's 2020 gross merchandise sales (GMS) and revenue were approximately $650 million and $70 million, respectively, each increasing over 100% year-over-year. Unfortunately, Depop doesn't ship directly to Europe. Test out different poses. Here are some vital facts and figures about how Depop works today. Accessed March 04, 2023. https://www.statista.com/statistics/1122928/depop-monthly-active-users-uk/, Airnow. From crypto to clothes: Why Gen Z are investors now, From Essentials to Adidas: Whats next for Fear of God. Depop is powered by young influencers like 20-year-old Moira Campos who is one of Depop's top sellers. We love Depop's rapidly growing GMS and loyal and engaged customer base, excellent user engagement and unit economics, opportunities to expand value added seller services, clear path for geographic expansion, and highly scalable, 'capital light' operating model. It's also recommended to refresh and bump your listings for them to stay at the top of the search. 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 is a legitimate app that lets sellers sell items and buyers buy items; hence not a scam. Users can pay for items using PayPal. 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 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. It caters to a variety of different fashion pieces such as designer, vintage, and streetwear. That leads us to the question, which of these two reselling platforms is better? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. SourceForge ranks the best alternatives to Depop in 2022. Unfortunately, Depop doesnt ship directly to Europe. You can also move the money to your bank account once its transferred to PayPal. To make sure everything arrives in one clean piece, pack your items well; Keep your buyer informed. However, while the idea behind the two is similar, there are some key differences between Vinted and Depop. In March 2016, former CEO, Runar Reistrup, stated that Depop's growth was achieved through word of mouth. 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. 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. In the post-pandemic era, music and entertainment experiences that go beyond buying and selling will be much-needed by Gen Z, he says. 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 allows its sellers to include rules buyers can see when scrolling through their posts. however, despite it being 3-4 days since delivery (on the transaction info it actually says i should have gotten the money within 1 day of delivery), it still says my payment is on hold. This extends to how these generations view life and society, but also fashion. Decluttr is an online app that allows you to sell your used media. 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. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. 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. Bahrain. This type of service is called Freight Forwarding. And then I still do a few [dance] teaching jobs and dance performance jobs on the side. 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. 4 locations detected. , Aug 2, 2022 London-based social shopping platform app Depop was highly benefited by the e-commerce boom during the COVID-19 pandemic. . 26M+ registered users over 150 countries. It allows users to buy and sell items, most of which are used and vintage pieces of clothing. 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.

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