Depop PerformanceDepop showed strong performance with significant growth in GMS and rapid user growth.
Machine Learning And PersonalizationStrategically, the company saw strong momentum with the Etsy app, with app GMS growth outperforming non-app GMS by ~13 ppts, and new ML models that power the app discovery feed have driven double-digit increases in engagement metrics.
Mobile App And Social CommerceETSY is making solid progress across the Mobile App, social commerce, recommendation model enhancements, and marketing diversification, all of which should support improved GMS trends.