Etsy, Inc. (Nasdaq: ETSY) is an American ecommerce company focused on handmade or vintage items and craft supplies. Founded in 2005 and headquartered in Brooklyn, New York, Etsy operates global online marketplaces that connect millions of buyers and sellers.
Etsy's primary marketplace, Etsy.com, offers a wide range of products across categories like jewelry, clothing, home decor, furniture, art, craft supplies, and vintage goods. The company provides tools and services to help sellers start, manage and scale their businesses. Etsy's other marketplaces include music gear marketplace Reverb and fashion resale platform Depop. As of June 2023, Etsy had 96.2 million active buyers and 8.3 million active sellers across its platforms.
Etsy has recently updated its product categorization, moving away from broad "handmade" and "vintage" labels to more specific classifications like "made by," "designed by," "handpicked by," and "sourced by" sellers. This change aims to provide more clarity on item origins while maintaining Etsy's focus on unique, creative goods. The company continues to invest in search and discovery features, marketing initiatives, and seller tools to improve the buying and selling experience on its platforms.
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