尽管营收与商品销售额不及预期，Etsy仍因出售Depop大涨11.5%

Core Viewpoint - Etsy's stock surged following the announcement of the sale of its fashion resale app Depop to eBay for approximately $1.2 billion in cash, despite mixed fourth-quarter earnings results [2][4]. Financial Performance - Total gross merchandise sales decreased by 3.8% year-over-year to $3.59 billion, falling short of analyst expectations of $3.6 billion [2][11]. - Fourth-quarter net profit was $110.7 million, with earnings per share (EPS) of $0.92, a decline of 14.8% compared to the previous year's net profit of $129.9 million and EPS of $1.03 [2][12]. Market Position and Strategy - The CEO stated that the sale of Depop will allow the company to focus on its core e-commerce platform business [2][4]. - eBay noted that Depop is popular among younger consumers and will complement its own business, enhancing its position in the fast-growing fashion category [2][4]. User Metrics - Active sellers increased by 7.7% year-over-year to 8.76 million, exceeding analyst expectations of 8.5 million [6][14]. - Active buyers decreased by 2% year-over-year to 93.54 million, slightly above Wall Street's expectation of 93.1 million [6][14]. Future Guidance - The company expects gross merchandise sales for the upcoming quarter to be in the range of $2.38 billion to $2.43 billion, down from $2.8 billion in the same quarter last year, with analyst expectations at $2.68 billion [14].