Etsy Mergers and Acquisitions Presentation Deck

Depop has rapidly scaled its loyal and engaged user base, creating a truly unique fashion digital marketplace Italian beginnings Founded in Milan 2011 2012 2013 Traction 1M registered users 2014 2015 Strategic re-focus Fashion and the influential Gen Z become the heart of the Depop business 2016 2017 ~$1B cumulative GMS "US First" 20M registered users US UK new users 2018 2019 CAGR of nearly 80% from 2017-2020 Accelerated Growth >100% GMS YOY + 9M new users 2020 ~$650M GMS 12

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