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When Etsy launched almost two decades ago, the site attracted artisans and craft makers, who finally had a place online where they could sell their niche products and reach a large audience.
As part of its mission to keep commerce human, the online marketplace must build trust, says CEO Josh Silverman.
Short-seller Andrew Left of Citron Research is alleging Etsy is promoting the sale of counterfeit goods, "operating illegally." Analysts say it's an issue that plagues most online marketplaces.
Amazon.com is primarily a retail site with a sales revenue model; Amazon takes a small percentage of the sale price of each item that is sold through its website while also allowing companies to advertise their products by paying to be listed as featured products.
Etsy is an online marketplace for handmade, vintage, and craft items. Learn about its history, features, and impact on the creative economy.
Etsy’s forecasts for first-quarter sales, adjusted margin, and gross merchandise volume — the value of all items sold via its site — fell short of average analyst estimates, but was still ...
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