E-commerce website focused on handmade or vintage items
Etsy, Inc.
Company type
Public
Traded as
Nasdaq: ETSY
S&P 500 component
Industry
E-commerce
Founded
June 18, 2005; 18 years ago (2005-06-18)
Founders
Robert Kalin
Chris Maguire
Haim Schoppik
Jared Tarbell
Headquarters
Brooklyn, New York City, U.S.
Key people
Josh Silverman (CEO)
Fred Wilson (chairman)
Revenue
US$2.75 billion (2023)
Operating income
US$280 million (2023)
Net income
US$308 million (2023)
Total assets
US$2.69 billion (2023)
Total equity
−US$544 million (2023)
Number of employees
2,420 (2023)
Subsidiaries
Depop
Reverb.com
Website
etsy.com
Footnotes / references [1]
Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home décor, religious items and furniture, toys, art, as well as craft supplies and tools. Items described as vintage must be at least 20 years old.[2] The site follows in the tradition of open craft fairs, giving sellers personal storefronts where they list their goods for a fee of US$0.20 per item.[3] Beginning in 2013, Etsy allowed sellers to sell mass-manufactured items.[4]
As of December 31, 2022[update], Etsy had over 100 million items in its marketplace, and the online marketplace for handmade and vintage goods connected 7 million sellers with 92 million buyers.[1] At the end of 2023, Etsy had 2,420 employees.[1] In 2023, Etsy had total sales, or gross merchandise sales (GMS), of US$13.2 billion on the platform.[1] In 2023, Etsy garnered a revenue of $2.75 billion and registered a net gain of $308 million.[1] The platform generates revenue primarily from three streams: its Marketplace revenue, which includes a fee of 6.5% of the final sale value,[5] a listing fee of 20 cents per item, and Seller Services, which includes fees for services such as "Promoted Listings", payment processing, and purchases of shipping labels through the platform. Other revenue includes fees received from third-party payment processors.[6]
^ abcde"Etsy, Inc. 2023 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commission. 22 February 2024.
^Etsy. "Vintage Items on Etsy". Etsy. Retrieved 10 July 2020.
^Walker, Rob (2007-12-16). "Handmade 2.0". The New York Times Magazine. Retrieved 2007-12-17.
^"Etsy CEO Says IPO, Mass Production Won't Ruin Website's 'Handmade Ethos'". ABC News. Retrieved 2023-04-13.
^Sato, Mia (2022-02-24). "Etsy hits sellers with 30 percent transaction fee increase". The Verge. Retrieved 2022-02-24.
^"Alibaba video, Etsy IPO All You Need To Know". Archived from the original on 2 April 2015. Retrieved 29 July 2015.
Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories...
million respectively. In June 2021, Etsy announced it would acquire Depop for $1.6 billion in cash, making it Etsy's most expensive acquisition, but that...
entrepreneur and technology executive who is chief executive officer of Etsy. He is known for co-founding the invitation website Evite and being CEO of...
Adobe has also partnered with several organizations and companies, including Etsy, Meta and Mastercard. In May 2022, American singer GAYLE launched a campaign...
has been a trustee for nonprofit organizations and was the chairwoman of Etsy. For her role in creating Flickr, Fake was listed in Time magazine's Time...
startups. On 22 February 2012 he announced on Twitter that he had joined Etsy. In July 2013 Lerdorf joined Jelastic as a senior advisor to help them with...
product-search engines, emphasizing product research from platforms such as Amazon, Etsy, Kickstarter, IndieGogo, and other crowdfunding platforms. In 2012, Gadget...
City-based venture capital firm with investments in companies such as Twilio, Etsy, Firebase, Behance, and MongoDB. Wenger won the German high school computer...
Database Running on Postgres". Jennewine, Trevor (1 February 2021). "Where Will Etsy Be in 5 Years?". The Motley Fool. Retrieved 24 November 2021. "Improving...
the "Cool American" condiment that has divided a nation (and taken over Etsy)". Salon. Retrieved 23 April 2024. Waples-Platter Companies v. Gen. Foods...
Matsakis, Louise (November 26, 2019). "Cybertruck Swag Has Flooded Amazon and Etsy". Wired. Archived from the original on November 30, 2019. Retrieved December...
2023. Richardson has been crocheting since the age of eight, and she has an Etsy shop where she sells accessories and crocheted clothing made from her own...
Amazon as well as Pitney Bowes and Landmark Global, which handle shipping for Etsy and eBay. Daniel Hudon created the company in 1986 as a same-day delivery...
the preferred term. Bromide (language) "1940-dr-miles-nervine-tonic". Etsy. Etsy. After a hectic day, Dr Miles liquid Nervine "Dr Miles Nervine". Mercari...
with their speakers removed have been found for sale on sites like eBay and Etsy. In January 2022, BBC News spoke to six women who stated that they found...
Hollywood Walk of Fame in 2004. She is also the Chief Gifting Officer for Etsy as of January 2024. Barrymore achieved fame as a child actress with her breakout...
By 2006, amigurumi were reported to be some of the most popular items on Etsy, an online craft marketplace, where they typically sold for $10 to $100....
about 35 actors. Set in New Orleans, Topher Sommers (a local tour guide) and Etsy Delmen (a palm reader) team up to battle a mysterious entity that longs to...
ISBN 978-0-19-282059-4. "Rare Vintage Deans Made in England Fortune Telling Tape - Etsy". www.etsy.com. Retrieved 29 June 2022. "Talmeter — Hultafors". Archived from...
(October 7, 2020). "Etsy to Remove All QAnon Merchandise". PC Magazine. Retrieved October 7, 2020. Way, Katie (January 13, 2021). "Etsy Is Full of QAnon...
Accidental". People Magazine. Retrieved August 27, 2014. Media related to Barrymore family at Wikimedia Commons Barrymore schematic (Etsy Magazine October 1937)...
labour: The politicization of craft from the arts and crafts movement to Etsy." Canadian Review of American Studies 44.2 (2014): 281–301. online Luckman...
Global Information
US$2.75 billion (2023)
−US$544 million (2023)