Depop saw its revenue increase by 42% in 2024, while losses decreased but persisted. According to the company, the second-hand marketplace is only at the beginning of its growth curve.
Growth in the US
Revenue amounted to 101.6 million pounds (118.9 million euros). The operating loss decreased from 49.1 million pounds in 2023 to 42 million pounds (49.1 million euros) last year. The net loss also decreased from 48.6 million pounds to 40.44 million pounds (47.3 million euros).
