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Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home décor, religious items and furniture, toys, art, as well as craft supplies and tools. Items described as vintage must be at least 20 years old. [2]
In August 2019, Etsy acquired Reverb for $275 million. Reverb allows anyone to create free listings for musical instruments and other related equipment. It has also sold equipment from popular artists such as Maroon 5, Wilco, Green Day, Billy Corgan and Ray Lamontagne.
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In 2018, Printful opened a fulfillment center in Mexico and reached a turnover of $77.4 million. [10] The company was listed in Inc. 5000 in 2019, 2020 and 2021. [11] In 2020, it established fulfillment centers in Spain and Canada, as well as launched partnerships in Australia. The company reported revenue growth of over $200 million.
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Etsy stock trades at a dirt-cheap forward price-to-earnings ratio of 13.5, compared to the 20.7 multiple of the S&P 500. In my opinion, this beaten-down valuation indicates the heightened ...
In June 2021, Etsy announced it would acquire Depop for $1.6 billion in cash, making it Etsy's most expensive acquisition, but that Depop would continue operate as a standalone brand independent from Etsy. Overview. Depop is a social e-commerce platform where users can buy and resell their items.