![Etsy acquires Depop for $1.6 billion, doubling their ante in the e-fashion arena](https://static.techspot.com/images2/news/ts3_thumbs/2015/04/2015-04-16-ts3_thumbs39c.jpg)
Folk art and fashion found a home online in Etsy, an online marketplace for small-time artisans to hawk their wares. The company announced plans to purchase Depop, a site dedicated to users selling secondhand clothing.
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