Etsy is selling Reverb to two investment firms, Creator Partners and Servco. After separating from Etsy, the Reverb music-gear marketplace will no longer be part of a public company. Etsy had acquired Reverb in 2019. In its filing with the Read more
Etsy is increasing fees for sellers who sell through its online marketplace Reverb. Instead of paying the current rate of 2.7% + 25 cents per transaction, sellers will pay 3.19% plus 49 cents per transaction. On a $25 sale (the Read more
Etsy grew the volume of sales (GMS) on its marketplaces Etsy and Reverb by 118% in the last quarter of 2020, year-over-year, it announced on Thursday, February 25, 2021, and it grew revenue by 129%. Etsy standalone GMS, or Gross Read more
Etsy greeted Earth Day a little early this week, announcing on Monday it is rolling out its green shipping initiative to its Reverb musical gear marketplace. An Etsy spokesperson said the company is broadening its sustainability efforts by offsetting 100% Read more
Etsy is now the proud owner of a second online marketplace. On Thursday, it announced the completion of its acquisition of Reverb, an online marketplace for new, used, and vintage musical instruments. It had announced its intentions in July, and Read more
Etsy is acquiring music-gear marketplace Reverb for $275 million in cash. In announcing the news, Reverb founder and CEO David Kalt said Reverb would remain a standalone business, but with the added support of Etsy. “Your ability to buy, sell, Read more
In every issue, readers soundoff about issues important to them. From shipping issues to payment processing, from fees to online marketplace policies, EcommerceBytes Soundoff gives you a chance to air your views. ******** ******** Hi Ina, Just wondering if you Read more
