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eBay (recommerce)

Scaled recommerce operator; fashion GMV disclosed above $10 billion annually.

marketplace · Index #2 · confidence high

Intelligence briefing

eBay (recommerce) is tracked on Mooselen as a marketplace running a peer to peer model across Global. Headquarters: San Jose, United States. Ownership status in the Mooselen ledger: public.

Categories covered: fashion, general merchandise, recommerce. Authentication model: category dependent. Fulfillment model: seller fulfilled.

Scaled recommerce operator; fashion GMV disclosed above $10 billion annually. Mooselen treats this as a verified profile card fact, not a forecast.

On the Mooselen Index (edition 2026-08-03), eBay (recommerce) ranks #2 in the Marketplace tier. The largest pool of resale volume by absolute value, embedded inside a public marketplace rather than a standalone brand. The Mooselen Index ranks operators on disclosed scale, category position, and momentum. Detailed company profiles are included with Mooselen Professional. Current ranking edition cutoff: August 3, 2026 (includes eBay completion of the Depop acquisition).

Disclosed revenue and full GMV definitions are not invented on this public profile. Where Mooselen has published numbers, they appear in Wire, Analysis, or Index sources linked below. Profile last verified 2026-08-03 with high data confidence.

Structured profile

Business model peer to peer

Headquarters San Jose, United States

Geography Global

Ownership public

Categories fashion, general_merchandise, recommerce

Authentication category dependent

Fulfillment seller fulfilled

Disclosed revenue Not publicly disclosed on this profile card

Disclosed GMV/GMS See Index scale notes when entitled; public Signal and Wire disclosures are linked below when available

Last verified 2026-08-03

Company developments

Chronological, attributable developments. Dates describe when events occurred, not when every underlying company field was reverified.

  1. marketplace launch

    Depop unveils first campaign under eBay ownership, deepens music strategy

    Source reference pending public link verification

  2. acquisition

    eBay completed its acquisition of Depop and said Depop will remain a distinct brand and platform.

    Ownership close is when trust tooling, paid acquisition, and inventory strategy can change without a separate board.

Research actions

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This profile was last verified 2026-08-03. Older information is retained as historical evidence until new sources are reviewed.

Mooselen Analysis

Wire coverage

August 11, 2026

Week in fashion resale: ThredUp Q2 print and Depop under eBay still set the operating agenda

The material public signals since late July remain eBay completing its Depop acquisition while keeping Depop as a distinct brand, and ThredUp posting second quarter 2026 revenue of $90.8 million with record Active Buyers before softening second half guidance for price-sensitive demand, according to the companies' primary releases covered in prior Mooselen Wire editions.

July 6, 2026

Vinted hits $9 billion valuation on secondary sale as GMV climbs 47%

Vinted closed an 880 million euro ($1.02 billion) sale of existing shares late in April, a deal that put the Lithuanian resale marketplace above $9 billion, CNBC reported. EQT led the round, CNBC said, bringing in new backers Schroders Capital and BlackRock while existing investor Baillie Gifford expanded its position. The deal allowed current shareholders and employees to cash out but brought in no fresh money for the company itself, according to CNBC.

July 2, 2026

The curation pivot: resale stops competing on size

For two decades secondhand platforms competed on selection: more listings, more brands, more inventory. That race is ending. ThredUp, eBay, StockX, and Rebag are now working to differentiate on curated experience instead, deploying AI and celebrity partnerships to surface less and sell more, according to Business of Fashion reporting. The logic is defensive as much as strategic: when every platform holds millions of listings, breadth stops being an advantage and starts being a search problem.

July 1, 2026

Depop flips its fee model: sellers stop paying, buyers start

Depop is removing the 10 percent selling fee it charged sellers and shifting the cost to buyers, who will now pay roughly 5 percent extra at checkout, the platform confirmed. The move follows a pattern Vinted set years ago: kill the seller fee to flood the marketplace with supply, then recover the take rate on the buy side where price sensitivity is lower.

June 18, 2026

eBay still dwarfs the pure-play field on volume

eBay reported gross merchandise value of 79.6 billion dollars in 2025, a reminder that the largest resale-capable marketplace is not a fashion specialist at all. The pure-play resale names compete for a category eBay treats as one vertical among many, which is precisely why eBay is buying Depop to sharpen its fashion and younger-buyer position.

June 4, 2026

eBay to buy Depop from Etsy for 1.2 billion dollars

eBay agreed to acquire fashion resale marketplace Depop from Etsy for about 1.2 billion dollars, a deal aimed at strengthening eBay’s fashion offering and drawing a younger demographic, first reported as the largest resale deal of the period. Etsy exits a property that never fit its handmade-goods core; eBay gains a Gen Z-heavy fashion community it has struggled to build organically.

Guides

Executive notes

Jamie Iannone and Peter Semple frame Depop under eBay ownership

After eBay completed its acquisition of Depop on July 30, 2026, eBay chief executive Jamie Iannone said the combination expands reach with the next generation of buyers and sellers while Depop keeps a distinct customer experience. Depop chief executive Peter Semple called the move a new chapter and said Depop would continue delivering the experience its users value, according to eBay's press release.

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