Etsy heads to stock exchange | RetailDetail

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.

Questions or comments? Please feel free to contact the editors


Strong growth for Chinese e-commerce once again

09/02/2018

There was another strong increase in the Chinese online market last year: compared to 2016, it achieved an astonishing 32 % growth. In that regard, China is performing exceptionally online.

European Union bans geoblocking

07/02/2018

Consumers can no longer automatically be diverted to another website or be blocked from visiting a website abroad. The European Parliament reached an agreement on this issue and the ban will probably go in effect later this year.

JD.com is looking at Europe

06/02/2018

Chinese JD.Com has plans to conquer Europe soon, which would make it a serious competitor for Amazon. The web shop’s first European market will most likely be France.

Rocket Internet wants to go public with Home24

19/01/2018

Rocket Internet wants to go public with its furniture web shop Home24 in the summer. During the next few months, it will work tirelessly to improve the web shop’s results.

Carrefour buys stake in Showroomprivé

12/01/2018

Carrefour has obtained a 17 % minority stake in flash sale seller Showroomprivé with the intent of increasing its digital and non-food reach. Former shareholder Conforama did suffer a loss.

Will free home delivery disappear?

15/12/2017

A growing number of online orders also brings additional pressure on the logistical industry. Free home delivery can no longer be maintained according to research company ECC Köln. More flexible options should be installed.

Back to top