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 Autonomous stores, AR and virtual assistants: Startups building the convenience store ecosystem of the future By Aruni Sunil 13 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 Stripe’s UK manager warns of “heavy cost” for Europe By Carly Minsky Click here to read more Cazoo goes full speed ahead By Amy Lewin Click here to read more Klarna’s €930m acquisition is a step towards ‘Google for shopping’ By Mimi Billing Click here to read more Smart locker startup Budbee raises $40m to extend bank loans By Mimi Billing Click here to read more Most Read 1 \Healthtech Is Daniel Ek’s new body scanner worth the hype? Sifted tried it out 2 \Venture Capital VC diversity needs to change — and white men need to take responsibility 3 \Venture Capital New €3.75bn European Investment Fund pot to back late-stage VCs 4 \Sustainability Counteract closes £15m fund for carbon removal solutions 5 \Mobility Was the $5bn that VCs plugged into escooters worth it?