a release, Kruti Patel Goyal, Depop’s CEO , said: “Our mission is to make fashion circular - we want to encourage as many people as possible to choose second-hand instead of new.” In a statement on Depop website the new policy states, "We've removed the Depop selling fee (10% of total sale price) from 20 March 2024 for all newly listed items.

This means sellers keep more profit from every sale and now have the freedom to sell a wider range of items on Depop, regardless of price." Instead, "We're introducing a small fee for UK buyers on every purchase which will apply from 15 April, 2024.

This fee will help us to continually invest in Depop Protection, customer support, platform improvements and growing our community." However, to support this initiative and continue investing in platform improvements, customer support, and seller protection, Depop will introduce a small marketplace fee for buyers in the UK starting from April 15th, 2024.

This fee will be up to 5% of the item's purchase price, plus a fixed amount of up to £1, excluding taxes and postage costs. It's important to note that while the 10% selling fee has been removed, Depop will still charge a payment processing fee…