Consumer/Ecommerce/News/ Maria Raga steps down as Depop CEO She'll be replaced by the current chief product officer at Etsy By Amy Lewin 20 July 2022 Maria Raga, former Depop CEO Maria Raga, former Depop CEO \Consumer Ecommerce in 2023: How ecommerce fulfilment providers can help D2C brands weather the downturn By Sifted 2 February 2023 Consumer/Ecommerce/News/ Maria Raga steps down as Depop CEO She'll be replaced by the current chief product officer at Etsy By Amy Lewin 20 July 2022 Maria Raga, the CEO of secondhand fashion app Depop, has today announced her resignation. She’ll be replaced by Kruti Patel Goyal, currently chief product officer at creative marketplace Etsy, which acquired Depop last year. Goyal will relocate to London from New York to take up the reins in September. In a LinkedIn post announcing the news, Raga — who has been at the helm of Depop for eight years — says: “I’ve made the almost impossible decision to step down as CEO in order to take a break and spend more time with my family.” Etsy bought Depop for $1.6bn in June 2021, in part to tap into its Gen Z user base. The app allows sellers to create their own shop fronts, and build a brand around them to sell off their secondhand clothes. Depop was founded in 2011 by Simon Beckerman, and raised over $80m from investors including Balderton, Creandum, HV Capital, Octopus Ventures and General Atlantic. Related Articles Hair colour market to get a digital makeover By Maija Palmer Click here to read more Sequoia backs ecommerce try-before-you-buy startup Elyn in €2.5m raise By Sadia Nowshin Click here to read more The video game startups on Tencent’s Europe list By Marie Mawad in Paris Click here to read more Anti-Amazon Ankorstore is France’s second unicorn of 2022 By Freya Pratty Click here to read more Most Read 1 \Startup Life UK government to reform ‘equity for visas’ residency application system 2 \Fintech Is Revolut really worth $33bn right now? 3 \Startup Life Techstars unexpectedly pulls out of Sweden mid-programme 4 \Deeptech The other funding gap: it’s not just unicorns that are leaving Europe 5 \Deeptech ‘There’s going to be a bloodbath’ — is generative AI a bubble?