Depop Revenue and Usage Statistics (2022)

David Curry

Updated: May 4, 2022

Depop is a social ecommerce website that is primarily used by people selling worn, vintage or repurposed clothing. It has built out a loyal customer-base of 18 to 26 year olds in the UK and US.

Launched in Italian startup incubator H-farm by Simon Beckerman, Depop became successful through word of mouth. Its first break was in the UK, with vintage clothing stores already experiencing higher interest than ever before.

Depop designed its app to be an Instagram for shopping, with an emphasis on high-quality photos of people wearing the item. This spawned a new type of influencer seller, alongside “side-hustlers” who buy cheap items at thrift stores and sell them at higher prices on Depop.

Even though Depop has grown into a cultural phenomenon in some corners, it is rather unknown or unused by those over 35. Depop proudly states that 90 percent of its active users are under 26.

It has also only made headway in the Australia, Italy, the UK and US, with the last two countries responsible for about 70% of downloads in 2020 and 2021.

In 2021, Depop was acquired by Etsy for $1.6 billion. In some ways, Etsy shares a lot of DNA with the Depop community, in terms of the focus on unique, vintage or handmade items, and having sellers that aren’t on other platforms.

We have collected data and statistics on Depop. Read on below to find out more.

Depop key statistics

  • Depop’s revenue and gross merchandise sales more than doubled in 2020, to $70 and $650 million, respectively
  • Over 30 million people have signed-up to Depop
  • It has four million active buyers and two million active sellers

Depop overview

Launch date March 2011
HQ London, United Kingdom
People Maria Raga (CEO), Francois Callens (COO), Simon Beckerman (founder)
Business type Subsidiary
Owner Etsy
Industry E-commerce

Depop revenue

Year Revenue
2019 $30 million
2020 $70 million

Source: WSJ

Depop GMS

Year Gross Merchandise Sales
2019 $288 million
2020 $650 million

Source: WSJ

Depop users

Year Users
2019 3.1 million
2020 4 million

Note: These are active users 

Source: Etsy 

Depop registered users

Year Registered users
2018 8 million
2019 13 million
2020 26 million
2021 30 million

Sources: Company data, Forbes, TechCrunch

Depop sellers

Year Sellers
2019 1.3 million
2020 2 million

Source: WSJ 

Depop FAQ

What are Depop’s age demographics?

90% of Depop’s active users are under the age of 26

How many times has Depop’s app been downloaded?

Depop’s app has been downloaded approximately 35 million times (Appfigures)

Where is Depop most popular?

Depop is most popular in the US and UK, followed by Australia and Italy

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