Interesting info from Etsy's earnings this morning - the expected closing of sale of Depop to eBay has been delayed from original estimate of Q2 to end of Q3 2026.  The deal has cleared regulatory hurdles in US and Germany but is still under review in UK and Australia.

Second-hand fashion marketplace Tise , which eBay acquired last year, has recently quietly expanded into the Australian market and plans to expand further into Europe and potentially the UK this year as well - which could give regulators pause.

I do still believe the deal will ultimately go through, but it will be interesting to see if they have to make any adjustments to appease regulators.