Here's a Look at 5 Things You Didn't Know About Etsy
Etsy hopes its latest offering helps to diversify the platform and make it even more Amazon-proof.
As Etsy (ETSY) - Get Report continues to grow and diversify away from being just an online market the company hopes to become an even stronger against Amazon (AMZN) - Get Report . Here are five things you didn't know about the e-commerce site. Etsy was founded in 2005 and went public in 2015. The company says it has 27.1 million active buyers and 1.7 million active sellers. It costs 20 cents to list an item on the site and Etsy typically takes a 3.5% fee for completed sales. And, get this, there are 40 million items for sale on the site, which means shopping for gifts should never mean a trip to the mall ever again.
This article was written by a staff member of TheStreet.
