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Depop Limited operates a mobile marketplace platform specializing in secondhand fashion trading, primarily targeting Generation Z consumers. Founded in 2012 and headquartered in London, the company has established itself as a leading player in the circular fashion economy by combining social media elements with e-commerce functionality. The platform enables users to buy and sell pre-owned clothing through an Instagram-style interface, fostering community engagement alongside transactions. Depop achieved unicorn status with a $1.625 billion valuation, reflecting strong investor confidence in the sustainable fashion market. The company continues focusing on expanding its user base while enhancing platform features to capture growing demand for sustainable shopping alternatives.
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