ETSY INC's ticker is ETSY and the CUSIP is 29786A106. A total of 653 filers reported holding ETSY INC in Q2 2023. The put-call ratio across all filers is 0.89 and the average weighting 0.1%.
About ETSY INC
Etsy Inc. is an American e-commerce company that specializes in handmade, vintage, and unique items. Founded in 2005, the company has grown to become a popular online marketplace for independent sellers and buyers worldwide.
Etsy's business model is based on providing a platform for small businesses and individual sellers to reach a global audience. The company charges a small fee for each transaction, which includes a percentage of the sale price and a fixed fee per item sold.
In recent years, Etsy has seen significant growth in its user base and revenue. The company reported a revenue of $1.7 billion in 2020, up from $818 million in 2017. This growth can be attributed to the company's focus on expanding its product offerings and improving its user experience.
One of the key factors that sets Etsy apart from other e-commerce platforms is its commitment to sustainability and ethical business practices. The company has implemented a number of initiatives to reduce its carbon footprint and support its sellers in adopting sustainable practices.
Despite its success, Etsy faces competition from larger e-commerce platforms such as Amazon and eBay. However, the company's focus on unique and handmade items has helped it carve out a niche in the market.
Overall, Etsy's commitment to sustainability and its focus on supporting small businesses make it a unique and promising player in the e-commerce industry.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
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