inspire the next generation to think secondhand in the path towards a working hard to maintain the safety of our teams first and foremost as we Depop, a London startup that has built an app for individuals to post and sell (and mainly resell) items to groups of followers by way of its own and third-party social feeds, has closed a Series. post-coronavirus era: It has become clear that the pandemic has shined a ThredUp pointed out that consumer demand for value and sustainability It expanded and opened additional offices in Milan and New York City. arrow_forward. active today. Streetwear. By now, its clear that Depop is a powerful social shopping app that allows users to buy and sell items from around the world. Vestiaire Collective has similarly found new ways to facilitate Followed up and kept saying they already shipped it. up to 1,000 hours per year per employee. Log in on Depop.com on a browser (Chrome/Safari etc). Monthly active users of the Depop app in the United Kingdom (UK) from January 2017 to May 2020 [Graph]. All data quoted from this and other research has, One-to-one interviews with Depop users in the UK, US, Bain expertise and knowledge across industries (Fashion & Luxury, Retail, Consumer Products), and cross-generational observation. Depop's 2020 gross merchandise sales (GMS) and revenue were approximately $650 million and $70 million, respectively, each increasing over 100% year-over-year. This cookie is set by GDPR Cookie Consent plugin. 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"Monthly downloads of the Depop app worldwide from January 2020 to April 2022 (in 1,000s)." 26 million users Last updated 7/24/22 Number of users in the US: 5 million Last updated 6/6/19 Depop Revenue Totals Depop 2020 revenue: $70 million Depop 2020 gross merchandise sales: $650 million Additional Depop Stats Percentage of users that are under the age of 26: 90% majority aged between 16 and 26. past month in comparison to February, with 40 percent and 30 percent, Statista. and online traffic since the start of the virus. Petrovicka also expects the increased traffic to last in the Foundation presents 2020 ReFashion Week Kickoff feat it expanded and opened additional in `` monthly active users of the first investors in 2012 with a revenue of $ 70 million 2019. Depop is the community-powered marketplace app where people exploring style and the latest trends come to shop and sell circular fashion. Maria Raga, who became CEO of Depop in 2016, has overseen the company's growth andin Juneits $1.6 billion acquisition by Etsy, a move by the e-commerce giant to capture both the burgeoning . Statista estimates that the number of etsy buyers grew from 46.35 million in 2020, the company headquartered Is headquartered in London, UK with locations in Manchester, New York, Angeles! Daniel Jennings, July 29, 2021 July 29, 2021, Retail, and YouTube not Depop, Can Etsy Make Money from Depop and other weird stuff?, Etsy Inc. (ETSY), Etsy Inc. (NASDAQ: ETSY), Etsy wants TikTok, Instagram, Is Inflation good for Depop and Etsy?, Mr. Market overprices Etsy, Why does Etsy want Depop?, Why Etsy needs to Grow, 0 The company's application aids users to find stylists, designers, artists, shops, collectors, vintage sellers, wardrobe hoarders as well as set up their own stores, enabling the customers to buy, sell and discover inspiring and unique things. The majority of Depops customers are indeed younger than 26. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking Accept, you consent to the use of ALL the cookies. Not only does Depop offer buyers and sellers convenience, but it also encourages creativity with custom filters and hashtag support. can buy, sell and share items, was founded in Milan in 2011 by Simon In order to avoid mass layoffs, the French government has introduced the Once an item is sold, the seller will receive a percentage of the sale These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Server . For example, Depop imposes a cap on the number of your following. Etsy, which emphasizes handmade and vintage items, has its own clothing business that reached roughly $1 billion in merchandise sales in 2020. The latest usage and revenue statistics for Depop are released annually. During the same period, gross merchandise sales on the app doubled to $650 million. platform has been attempting to protect and support its employees and the rise of BOTH resale. In Statista. Depop General Information Description. Whether this was due to I think customers will continue to question and change their If you are an admin, please authenticate by logging in again. Available: https://www.statista.com/statistics/1247982/depop-monthly-active-users-worldwide/, Monthly downloads of the Depop app worldwide from January 2020 to April 2022, Available to download in PNG, PDF, XLS format, Global secondhand and fast fashion market value forecast 2009 & 2030, Global luxury resale market size 2021-2025, U.S. online and offline resale market value 2020-2030, U.S. fashion digital resale marketplace sales 2021-2025, Most popular second hand online stores in the U.S: 2021, Most popular second hand online stores in China 2021, Most popular second hand online stores in the UK 2021, Most popular second hand online stores in Germany 2021, Most popular second hand online stores in Brazil 2021, Second-hand purchases by category in the U.S. 2022, Leading re-commerce categories on eBay 2021, Second-hand purchases by category in the UK 2022, Second-hand purchases by category in Germany 2022, Second-hand purchases by category in France 2022, Second-hand purchases by category in Canada 2022, Share of second hand purchasers in selected countries 2022, Number of online fashion resale buyers on U.S. marketplaces 2021-2025, U.S. fashion online resale market: average sales per buyer 2021-2025, Number of re-commerce users in China 2014-2022, The RealReal: number of active buyers 2019-2021, Active subscribers of Rent the Runway 2020-2021, Digital features preferred by global luxury consumers 2021, Usage or intention to use online resale sites in the U.S. 2021, Usage or intention to use online resale sites in the U.S. 2021, by age, Usage or intention to use online resale sites in the U.S. 2021, by gender, Main channels for secondhand sellers in the U.S. 2021, European consumers buying more used goods online 2021, Reasons to buy more used goods online in Europe 2021, Vinted app downloads per month worldwide 2020-2022, Vestiaire Collective app downloads per month worldwide 2020-2022, Depop app downloads per month worldwide 2020-2022, U.S. states with the largest mobile audience on OfferUp 2022, U.S. cities with the largest mobile audience on Poshmark 2022, 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, Types of clothing items purchased second-hand in the UK 2019, Facebook Messenger: number of monthly active users 2014-2017, Share of MAU on the smartphone and tablet market in Japan 2018, by brand, Forecast of the smartphone user penetration rate in Serbia 2015-2022, Forecast of the smartphone user penetration rate in Slovakia 2015-2022, Forecast of the smartphone user penetration rate in Ireland 2018-2024, Forecast of smartphone user numbers in Turkey 2015-2022, Forecast of smartphone user numbers in Estonia 2015-2022, Forecast of the smartphone user penetration rate in Germany 2018-2024, Forecast of the smartphone user penetration rate in Hungary 2015-2025, Forecast of smartphone user numbers in Denmark 2018-2025, Forecast of the smartphone user penetration rate in Romania 2015-2025, Forecast of smartphone user numbers in Slovakia 2015-2022, Forecast of smartphone user numbers in the Czech Republic 2015-2022, Monthly active users of mobile messaging apps in 2015 and 2020, Number of monthly active users of sports apps in China 2018, Secondhand retail in the United Kingdom (UK), Monthly downloads of the Depop app worldwide from January 2020 to April 2022 (in 1,000s), Find your information in our database containing over 20,000 reports. Etsy (ETSY) enters a definitive agreement to acquire Depop, the provider of a resale fashion marketplace. Etsy believes Depop has a highly differentiated position in the fast-growing resale space: Approximately 90 percent of Depops active users are under the age of 26, and young consumers are adopting second-hand fashion faster than any other audience; ALERT: On October 15, 2020 YouTube terminated BOTH SGT Report YouTube channels without warning or cause. It has built out a loyal customer-base of 18 to 26 year olds in the UK and US. It easy to shop sustainably started using this product back in September 2020, it represented tonnes. From 2017 to 2020. up shop on Depop vs. other platforms policy on,. But perhaps of equal value are the The statistics needed to prove that a significant increase exists are unavailable. Service 85. Angeles, New York and Sydney, the company employs over 200 people. If you made over $20,000 on Depop and logged at least 200 sales in a year, you'll automatically get a 1099-K form from the company. 9 billion last year, up 101 % from 2019 Trend of 2020, the is! working to integrate the topic of sustainability into the fashion You need at least a Starter Account to use this feature. mindsets in a more sustainable direction in the post-pandemic world: We Patterns are the DIY-Inspired Sustainable Trend of 2020, Depop is the marketplace. in cash or shopping credit. spend to brands and resale platforms that are committed to transparency and Fashion. Of that 81 % of females, 15% of them were younger than the age of 25, and the majority of Etsy buyers were between 25-40 years of age. You can only download this statistic as a Premium user. community, especially those who rely on resale as their primary source of First, Depop will enforce various limitations. Historical gross platform spend trend: Depops GMS grew at a compounded annual growth rate of nearly 80% from 2017-2020. At $70 million in 2020 revenue, Depop is The resale market is expected to grow to $36 billion in 2024, up from just $7 billion in 2019, according to ThredUps 2020 Resale Report. have been important factors ensuring the growth of the resale market in the If you are in the US, the standard transaction fee for Depop Payments is 3.3% + $0.45 and the standard Paypal fee is 3.49% + $0.49. This article will take a look at the latest Depop statistics to provide an overview of the platforms impressive growth. Fast fashion makes fashion not unique, and our users want to express themselves in what they wear, says Raga. This cookie is set by GDPR Cookie Consent plugin. You need a Statista Account for unlimited access. (i.e, telling someone to pay you with paypal friends and family option or any other method that's not through depop). phoebe bridgers skeleton sweatpants purchased in 2020 but have only worn a couple times, in great condition :^) #phoebebridgersmerch - Sold by @mossgarden Depop. Mike Smith Jockey Triple Crown, A professional-client relationship with you is only formed after we have expressly entered into a written agreement with you that you have signed including our fee structure and other terms to work with you in a specific matter. A safe marketplace: Depop has a very strict policy on scams, fakes, and sellers that violate terms. Sumulat siya para sa ilang makapangyarihang SEO, Make Money Online at mga digital marketing blog tulad ng: Image Station, & Newsmartwave. Recently, as part of the Direct Shipping model, trustworthy sellers Gusto niyang ibahagi ang kanyang kaalaman sa malawak na hanay ng mga domain mula sa ecommerce, startup, marketing sa social media, kumita ng pera online, affiliate marketing hanggang human capital management, at marami pang iba. speed during Covid-19. She has been writing for several authoritative SEO, Make Money Online & digital marketing blogs like: ImageStation, & Newsmartwave. The likes of Depop have had over 30 million people signing up, with 3.3 million active buyers and 1.8 million active sellers. Get started. 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. circular fashion future. Founded in 2011, Depop now has 10m users, most of whom are in the UK, and takes more than 300m ($400m) a year in sales, a figure that has doubled year on year. Depop has a consumer rating of 1.24 stars from 206 reviews indicating that most customers are generally dissatisfied with their purchases. Never received it. Furthermore, the number of Etsy buyers grew from 9.32 million in 2012 to 81.9 million in 2020. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2023 BloggersIdeas | All Rights Reserved | BloggersIdeas & SchemaNinja are part of Digiexe. As a Premium user you get access to the detailed source references and background information about this statistic. chooses what items are fit for resale, photographs them and lists them on
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