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Depop

Valuation $2B

About Depop

Depop provides a mobile application that allows users to buy, sell, discover, and explore various things.
Headquarters Depop, London
Founded 2011-11-01
Industry Android, E-Commerce, iOS, Marketplace, Mobile
Last Funding Type Non Equity Assistance
Valuation 2
Total Funding $105.63 million dollars
IPO Status Private

Financial

Depop has been highlighted in various news articles recently. A survey of 1300 buyers found that 32% experienced scams on secondhand marketplaces, including Depop. Additionally, a nursing student reported losing $4,000 to a scammer posing as a buyer on Depop. Furthermore, a Depop seller faced criticism on TikTok for inflating prices of vintage items, including a dress sold to a pop star.
Funding Rounds 7
Number of Lead Investors 7
Total Funding Amount  $105.63 million dollars
Number of Investors 12

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