7 months ago
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With “it” girls including Sabrina Carpenter recently sporting Depop finds to major events, the peer-to-peer resale e-tailer is decidedly having a moment — but its growth hasn’t been sudden. According to the 13-year-old company, which was acquired by Etsy in 2021, its registered user base grew 17% to $35 million in 2023. The year prior, Kruti Patel Goyal joined the company as CEO, moving over from its parent company.
“I spent over 11 years of my career at Etsy. I started in 2011 when the company was much smaller and private. And over the years, I worked my way around and through the business. … I got to learn the marketplace inside and out,” Patel Goyal said on the Glossy Podcast. “About a year and a half after the acquisition, I was asked to come over and run Depop after the former CEO decided to step down. Looking back, it makes sense why my background was such a good fit for Depop.”
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