Etsy to go public

No primary category set

According to reports, craft and vintage marketplace Etsy is planning to go public in a bid to raise $300m.

The details are scant at the moment but it is suggested that the IPO might take place as early as this quarter and the prospectus made available to would be investors this month.

Etsy was founded in 2005 and has enjoyed remarkable success. It has 26 million items listed for sale and has been valued at $1bn. In 2013 Etsy reported $1.35 billion in sales.

We’ll keep you posted.

One Response

  1. I’m considering opening a store on etsy, though I’m told it can be very quiet on there. Perhaps the extra capital will help push the marketplace forward. There needs to be a more serious rival to the ebay / Amazon duopoly.

RELATED POSTS..

Activist Elliott Investment takes stake and board seat at Etsy

Activist Elliott Investment takes stake and board seat at Etsy

Etsy payment reserves Etsy sales flatline since pandemic boost

Etsy sales flatline since pandemic boost

Etsy share Christmas selling updates

Etsy share Christmas selling updates

Etsy-Payments

Etsy Payments New International Markets with Payoneer

Etsy payment reserves Etsy sales flatline since pandemic boost

Etsy earnings & payment reserves

ChannelX Guide...

Featured in this article from the ChannelX Guide – companies that can help you grow and manage your business.

Register for Newsletter

Receive 5 newsletters per week

Gain access to all research

Be notified of upcoming events and webinars