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The Nexus
BUSINESSAug 6 · 12:30 UTCQUARTZCris Tolomia

eBay raised its outlook after beating estimates, but its Depop bet cost more than expected

eBay raised its outlook after beating estimates, despite the acquisition of Depop costing more than anticipated. The company's deal to acquire Depop from Etsy closed at $1.4 billion, representing an amount $200 million above the originally announced price.

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eBay raised its outlook after beating estimates, but its Depop bet cost more than expected · The Nexus