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Virtually like every sector in the business world, Secondhand Industry is jumping with President Donald Trump’s tariff tariff.
However, on the basis of eBay and ETS comments at the beginning of this week, both do not seem to be too much concerned.
Companies recently reported the results of earning Q1 2025, both addressed the pressure on tariffs. EBay and ETSY are mostly resilient to a quantity because of the procedure on their vendors’ sourcing products. Contrary to import-dependent rivals like Temu and Shin Which has recently raised prices as a response to the tariffMany eBay and ETSY vendors in the United States basically dedicate their products locally, often used, sell alcohol or handmade items.
Companies provided data during their earning calls to display the minimum exposure of the duty.
“Our Greater China to US Quarter makes about 5% of the total,” says Jamie Ayanon, CEO of eBay [gross merchandise value] For us And China is somewhat less than 10%overall. ”
Similarly, CFO, CFO, Lanny Bakr, said, “At present, the direct tariff exposure of ATS is relatively low that more than 1% [gross merchandise sales] Comes from the import of items purchased from sellers in China ”
“Most single entrepreneurs are working natively to their homes natively from their home,” said Josh Silverman, CEO of ATS.
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Sellers with local sourcing techniques can provide a significant benefit than competitors like Temu, Shane and Amazon. However, the challenges that come with the ongoing economic uncertainty and consumer expenditure habits still need to be dealt with.
ATC seems to be a bit weaker when it comes. The original business model of etsy focuses on handcraft and vintage products, which are high in prices. Thus, although ETSY vendors cannot feel the impact of the tariff, customers are still hesitant to spend, thereby decreasing 3.4% of the year among the active buyers, which brings a total of 88.5 million. The number of habitual buyers decreased by 5%, total .2.2 million.
Further, $ 2.3 billion has been reduced to 8.9% of the total consignment sales (GMS) for the Etswi marketplace.
In a positive note, the ATC begins to benefit from its ownership of DEPOP, a secondhand fashion platform that is popular in the recession. Since receiving the Depop in 2021, the platform has achieved record-high GMS. The company did not publish specific statistics.
Silverman said, “There is a powerful track record to navigate Ets’ unstable
On the contrary, eBay is in a stronger position because more prices are used and the re -renewed products are choosing products, which the company says that more than 40% of its inventory has accounts. The agency said that customers interested in avoiding tariffs have increased their expenses, giving a start to Ibek Quarter.
“We have observed the trends of healthy volume due to energy in our focus categories, and what could be the demand from customers concerned about the expenditure and complications of US tariffs in the near future,” said Steve Priest EBE.
The company’s total merchandise volume (GMV) has increased to $ 18.8 billion, while the revenue rises to over 1% of $ 2.58 billion.