- Business
- Etsy, Inc. (Nasdaq: ETSY; 3E2.BE) operates online marketplaces connecting millions of buyers and sellers of unique, handmade, vintage and creative goods worldwide; its primary platform, Etsy.com, features over 100 million active listings across categories including jewelry, clothing, bags, home decor, art, craft supplies, toys, furniture, books and digital downloads, while subsidiaries encompass fashion resale app Depop and previously included musical instruments marketplace Reverb. The company provides sellers with tools for listings, payments via Etsy Payments, promoted advertising, shipping labels, offsite ads and business management services such as seller analytics and dispute resolution; revenue derives mainly from marketplace fees (6.5% transaction fee plus $0.20 listing fee), seller services and regulated payments processing. Founded in 2005 and headquartered in Brooklyn, New York, Etsy serves creative entrepreneurs and consumers seeking personalized items distinct from mass-market retail, with global operations spanning over 200 countries, 8 million sellers and 96 million buyers as of late 2024, when it reported gross merchandise sales of $12.6 billion. In recent developments, Etsy sold Reverb to Servco Pacific Inc. and Creator Partners LLC in June 2025 to sharpen focus on its core handmade marketplace and Depop; partnered with OpenAI and Shopify in September 2025 to enable ChatGPT instant checkout for U.S. Etsy vendors; announced transition of its stock listing from Nasdaq to the New York Stock Exchange effective October 10, 2025; and named Chief Growth Officer Kruti Patel Goyal as incoming CEO effective January 1, 2026, succeeding Josh Silverman who assumes executive chair role through year-end.