Etsy reported financial results for the second quarter 2018 today. Gross Merchandise sales grew 20.4%, and revenue grew 30.2%. The company also raised its guidance for the year. Excerpt of press release follows: Etsy, Inc., the global marketplace for unique Read more
Etsy added a drop of clarity to a murky subject when it published a post about online sales tax on Thursday. Sellers want online marketplaces to tell them what they are doing – and what sellers should be doing – Read more
Amazon didn’t create the concept of “Christmas in July” or “back-to-school” sales, but its annual Prime Day shopping holiday has spawned annual “Black Friday in July” sales from rivals who feel compelled to follow its lead in setting the date Read more
Etsy began rolling out its new subscription plan today. It had announced Etsy Plus in mid-June, but sellers can be forgiven if they don’t remember it since it was introduced at the same time as a fee hike and fee Read more
Etsy has landed in India, placing a small team on the ground there, and is expanding in Germany and Central Europe through a deal with DaWanda. The online marketplace announced the geographical expansions in a press release and blog post Read more
Etsy notified sellers it is delaying a change in billing practices first announced in April. The crux of the change, it explained to sellers at the time: “Starting in June, we’ll automatically deduct any taxes or fees you owe from Read more
Etsy CEO Josh Silverman quoted Chief Justice Roberts dissent in today’s Supreme Court ruling on sales-tax collection requirements in South Dakota vs. Wayfair. Roberts had pointed to the burden micro sellers would face if they had to figure out the Read more
Etsy is celebrating the 13-year anniversary of its founding by organizing a sale. As we previously reported, Etsy gave sellers instructions last month on how to participate (“create a sale by discounting your listings between 10% and 70% during the Read more
Etsy is raising seller fees and introducing new subscription plans while promising to boost its marketing budget to bring more buyers to the site. One positive thing worth noting: listing fees are not increasing. But transaction fees (commissions) are rising Read more
Etsy held its annual shareholder meeting this morning. It webcast the event, but only shareholders as of the record date were allowed to attend the virtual meeting. We checked in with Etsy Investor Relations, and a spokesperson provided us with Read more
