Introduction:
The platform generates revenue primarily from three streams its Marketplace revenue includes a fee of 6. 5% of final sale value, which an Etsy seller pays for each completed transaction, on top of a listing fee of 20 cents per item Seller Services, Etsy's fastest growing revenue stream, includes fees for services such as "Promoted Listings", payment processing, and purchases of shipping labels through the platform while Other revenue includes fees received from third-party payment processors.
As of 31 December 2021, Etsy had over 120 million items in its marketplace, and the online marketplace for handmade and vintage goods connected 7. 5 million sellers with 96. 3 million buyers.
Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies.
Etsy is a marketplace where people around the world connect, both online and offline, to make, sell and buy unique goods. The heart and soul of Etsy is our global community: the creative entrepreneurs who use Etsy to sell what they make or curate, the shoppers looking for things they can't find anywhere else, the manufacturers who partner with Etsy sellers to help them grow, and the Etsy employees who maintain and nurture our marketplace.
Key Facts:
- Parent Company Launch date: June 18, 2005; 16 years ago (2005-06-18)
- Product Launch: 2005
- Founder: Robert KalinChris MaguireHaim SchoppikJared Tarbell
- Estimated Monthly Visitors: over-1b
- Telephone number: (718) 855-7955
- Domain name: etsy.com
- Owner: Etsy, Inc.
- Company Type: Public
- Country of operation: Worldwide
- public-company