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Etsy
Etsy is a U.S. eCommerce website focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home décor and furniture, toys, art, as well as craft supplies and tools.
Etsy To Offer Klarna's Buy Now, Pay Later Payment Option
October 20, 2020
Etsy, the online marketplace for creative gifts, is set to roll out use of the Klarna buy now, pay later (BNPL) shopping payment solution.
Klarna’s BNPL service will be available in ...New Report: How Online Marketplaces Can Capture The $129 Billion Small Business Seller Opportunity
August 31, 2020
The year 2020 has seen a boom in the U.S. eCommerce innovation space.
Not only are businesses large and small expanding their digital offerings far beyond what had ever been seen ...Amazon Criticized For Supporting Consumer Protection Measure
August 27, 2020
Amazon.com Inc. is facing mounting criticism over its support for a consumer protection measure in California that would hold online marketplaces liable for damages caused by defective products.
“Amazon’s goal is ...Etsy Claims Amazon Is Backing California Bill To Edge Out Competition
August 26, 2020
Amazon is facing criticism from Etsy CEO Josh Silverman over its support of a new California law. Silverman claimed that Amazon is “taking bold steps to wipe out its competitors” ...Etsy's Total Revenue Up 136.7 Pct YoY, Boosted By 11.5 Million New Buyers
August 5, 2020
Online crafts giant Etsy Inc. reported huge Q2 gains Wednesday (Aug. 5) in its total number of buyers, sellers and gross merchandise sales as COVID drove consumers to its platform ...Etsy’s Payments Platform Expands To Seven More Countries
August 3, 2020
Etsy is expanding its proprietary payments platform to seven new countries. The company announced on Monday (Aug. 3) that Etsy Payments will now be available in Israel, Malaysia, Mexico, Morocco, ...Should eBay Buy Overstock?
July 20, 2020
After a boardroom battle in which one side wanted eBay to get back to its roots, the company was rewarded Monday (July 20) by word that it’s close to selling ...Mask Sales Become A Big Retail Business
June 25, 2020
They’re either the fashion accessory of the moment or a life-saving piece of safety equipment. Or maybe they’re both as several types and sizes of retailers step up to sell ...Etsy’s Q1 Gets A Big Boost From Stay-At-Homers
May 6, 2020
Stay-at-home orders and the mass work-from-home (WFH) migration that flew in the face of America’s sense of freedom acted as a tailwind for handmade eCommerce marketplace Etsy, pushing active buyers and ...Etsy Provides Some Clues On March Retail Numbers
April 3, 2020
The first of what is expected to be a series of informal retail reports on March results was delivered Thursday afternoon (April 2), this one from Etsy. As expected, the ...Etsy Delights Investors With Earnings Win, Disgruntles Sellers With Advertising Fees
February 27, 2020
It turned out to be a surprisingly strong quarter for online craft marketplace Etsy. Net income came in at $31.3 million, or 25 cents a share. That is down from ...Etsy's Q3 Results Show GMS, Revenue Boost After Reverb Deal
October 31, 2019
Etsy announced strong Q3 earnings results, with total revenue up 31.6 percent year over year, and gross profit increasing more than 24 percent.
“During the third quarter, we launched several transformative ...Etsy Enhances Marketplace With Free Shipping, Unified Ad Platform
August 2, 2019
With product and marketing investments along with an arrangement to acquire musical instrument marketplace Reverb, Etsy reported its second-quarter results while raising its full-year guidance for gross merchandise sales (GMS) ...Etsy Spends $275M To Expand Into Music Instrument Market
July 22, 2019
Etsy announced that it is acquiring Reverb Holdings, a marketplace for new, used and vintage music gear.
The deal is for $275 million in cash, subject to certain adjustments. Once the ...Etsy Unveils Free Shipping Plan For Orders Over $35
July 9, 2019
Etsy has revealed plans to offer free shipping on orders $35 and over, according to a release by the company.
Etsy said it’s going to give sellers all the tools and ...GoDaddy On Going Big And Connecting SMBs With Marketplaces
June 3, 2019
Sell on a marketplace or sell in one’s own digital shop? It is a discussion — and, more recently, a robust debate — with those on each side, convinced that ...Etsy Hits 41M Active Buyers In Q1
May 9, 2019
With a push to improve search and discovery on its platform, Etsy beat analysts’ earnings estimates for the first quarter, but fell short on top-line revenues. The arts and crafts ...Digital Platforms' Ambitious Growth Plans
April 30, 2019
Digital platforms are the backbone of marketplaces and service providers used by millions daily. Payment capabilities, coupled with rapid mobile adoption, have contributed to their rapid growth. According to a ...Blue Apron CEO, CTO To Step Down For Greener Pastures
April 3, 2019
Blue Apron, the struggling meal kit provider, announced Tuesday (April 2) Brad Dickerson, president and CEO of the company, has decided to resign. Additionally, the company announced Ilia Papas, Blue ...POS Financing, Etsy And Brexit — The Week In Sizzles And Fizzles
March 1, 2019
Some things are instant hits — smartphones, television and voice-controlled personal assistants are all good examples of technologies that more or less hit the ground running and were popular as ...Etsy Enjoys Strongest Revenue Growth In Four Years
February 26, 2019
After-hours trading saw shares in eCommerce handcrafted marketplace Etsy jump 6 percent after the firm logged stronger than expected earnings during the holiday quarter of 2018. The retailer’s revenues hit ...Data Dive, Hitting Some Hurdles Edition: Apple, Etsy and Lyft
February 25, 2019
In life there are few shortcuts — and on occasion when a difficulty is encountered on the map there is no way to go over or under or around. The ...Etsy Payment Error Hits Sellers
February 18, 2019Etsy suffered a bill payment error in which a large amount of money was withdrawn from several of its sellers’ bank accounts and charged to their credit cards late last week.
According ...Etsy Excels Amid Accelerating GMS
November 7, 2018
Amid growth in active buyers and gross merchandise sales (GMS), Etsy beat analysts’ estimates for the third quarter. The art and crafts marketplace reported revenues of $150.4 million and earnings ...Marketplace Merchants Sing The Blues
August 24, 2018
There’s a lot of sizzle in marketplaces. In fact, they have made tiny businesses into big ones, as even the tiniest one-man operation can gain the chance to jump from a ...Etsy User Base Grows In Q2 Despite Fee Increase
August 7, 2018
After Etsy increased its revenue guidance for the year and reported stronger-than-expected revenues, shares of the crafts marketplace rose more than 8 percent in after-hours trading on Monday (August 6). ...Etsy’s Reset (And Its Discontents)
June 27, 2018
The story at Etsy in summer 2018 is a much more cheerful tale than the story of Etsy entering the summer of 2017. After a big switch at the top ...A Rough Map To The New World Of Online Sales Taxes
June 22, 2018
A day after the U.S. Supreme Court opened the door to state collection of sales taxes for eCommerce purchases, questions swirled about software, Congressional action, marketplace sellers and how consumers ...Etsy To Raise Seller Transaction Fees
June 15, 2018
Online crafts marketplace Etsy saw its shares surge on Thursday (June 14) after revising its seller transaction fee.
According to CNBC, the company’s stock soared 26 percent by the end of ...Etsy's Turnaround Efforts Bear Fruit In Q1 Earnings
May 9, 2018
As Etsy continues its turnaround efforts to drive more checkout conversions, the eCommerce marketplace reported slightly better-than-expected first-quarter earnings. The company reported first-quarter revenues of nearly $121 million and earnings ...Five At Five: Alibaba Makes A Move In South Asia
May 8, 2018
Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories focus on Alibaba’s move into South Asia and highlight what ...Etsy Gears Up For Q1 Earnings Amid Shift To Core eCommerce Offerings
May 8, 2018
After the company posted better-than-expected fourth-quarter earnings amid its turnaround and hit a milestone in gross merchandising sales, analysts are anticipating slightly lower earnings for Etsy’s first quarter as the ...Etsy Refocuses On Its Core eCommerce Business
April 9, 2018
Etsy is refocusing its aspirations and energies — much to the annoyance of some of its sellers.
CEO Josh Silverman said the decision is a pivot toward the areas that are ...Just-In-Time Manufacturing Lowers Entry Barrier For Artisans
April 6, 2018
Technology like 3-D printing is getting more affordable and accessible by the day, so it seems almost inevitable that it would start to have an impact on manufacturing and production ...Beyond The Buzzword: Harnessing Platforms’ Real Power
March 16, 2018
Two decades ago, talk of platforms was mostly centered around software, often by academics and engineers in highly technical settings. Today, the term is still focused on software — and ...Etsy Hits $1 Billion In Sales
February 28, 2018Etsy gave investors a thrill when it announced earnings yesterday — and saw its share bounce 18 percent as a result.
The big bounce was powered mostly by the $1 billion ...Integrated Payments: The Way To An SMB’s Heart
December 15, 2017
“Small business” (SMB) is a term that could describe any number of ventures — from an individual Uber driver to a micro-merchant selling handmade jam on the web to an ...Alexa Sizzles, Etsy Fizzles And Data Security Eyes A Legislative Leap Forward
December 8, 2017
Sizzle
Alexa: Users are spending more, and they seem to like doing it, as evidenced by stickiness. A new study reports that Amazon Echo users are boosting their buying by double-digit percentages depending on ...Frightful Five: The Apple Update That Pays
December 7, 2017
Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for ...Amazon’s Latest Dagger To Etsy’s Heart
December 6, 2017
Amazon announced news on Tuesday (Dec. 5) that Prime Now, its one- and two-hour delivery service, and Amazon Handmade, its handcrafted items marketplace, are teaming up to offer handcrafted products ...