Etsy heads to stock exchange

Etsy heads to stock exchange

American online trade platform Etsy, mainly used to sell vintage and hand-made products, has filed an official request to head to the stock exchange. Its goal is to attract 100 million dollar.

Mid-April

If approved, Etsy's share will be listed on the Nasdaq technology stock exchange. The share's starting price has not been decided yet, but the company aims to attract 100 million dollar (90 million euro). If all goes well, Etsy's share should available mid-April.

 

Rob Kalin founded Etsy 10 years ago in New York and managed a 196 million dollar (180 million euro) turnover last year, surpassing 2013's result by 50 %. In total, 1.93 billion dollars (1.75 billion euro) worth of products were sold on Etsy.

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