- Business
- Etsy, Inc. (Ticker: 0IIW.L) operates two-sided online marketplaces that connect millions of buyers and sellers of unique, handmade, vintage, and craft items worldwide; its primary platform, Etsy.com, offers categories including jewelry, clothing, home decor, art, accessories, bags, bath and beauty products, books, music, toys, furniture, and craft supplies such as beads, fabric, yarn, and tools, alongside digital downloads like printable art and patterns; it also provides seller services encompassing promoted listings, payment processing, shipping labels, offsite advertising, Etsy Purchase Protection, and the Etsy Share & Save program. The company additionally owns Reverb, a marketplace for musical instruments, and Depop, a fashion resale platform, with operations spanning the United States, Europe (including additional offices in Dublin), Mexico City, and global reach serving nearly every country. Founded in 2005 and headquartered in Brooklyn, New York, Etsy generates revenue from marketplace fees (6.5% transaction fee, $0.20 listing fee), seller services, and offsite ads (12-15%). Recent developments include Q2 2025 revenue growth of 3.8% to $672.7 million driven by app enhancements, personalized marketing, and AI technologies; redesigned Shop Manager tools for faster order and sales management in April 2025; a successful convertible notes offering and $335 million stock repurchase strengthening its balance sheet; announcement in October 2025 of Chief Growth Officer Kruti Patel Goyal succeeding Josh Silverman as CEO effective January 1, 2026, with Silverman transitioning to executive chair; and a planned stock listing switch from Nasdaq to the New York Stock Exchange on October 10, 2025.