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TwitterIn 2024, Etsy, an e-commerce website company specialized in craft and vintage items, generated revenues worth *** billion U.S. dollars, up from the *** billion generated in the previous year. Most products on Etsy are sold by independent sellers. Etsy's rise to the top Etsy launched in 2005 and went public in 2015 after a decade of operations, and is now one of the leading online marketplaces globally.The company generates revenue from three primary segments: marketplace revenues including fees for sales transactions and listings, seller service revenues, and other revenues including third-party payment processor fees. In recent years, Etsy’s marketplace has established itself as the most profitable segment, surpassing *** billion dollars for the first time in 2020. Mobile shopping Etsy has successfully capitalized on the increasing use of mobile shopping. The Etsy mobile app regularly reaches millions of downloads on a monthly basis. Downloads for the Etsy buyer app peaked in December of 2022, reaching over *** million in that month alone. With such high numbers of downloads worldwide, it comes as no surprise that mobile accounts for roughly ********** of Etsy’s gross merchandise volume. The fiscal year end of the company is December 31st.
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Etsy is an e-commerce platform focused on small businesses and artisans which sell handmade or vintage items. It started life in Brooklyn, New York and quickly expanded throughout the US and into...
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TwitterIn 2024, the e-commerce platform, Etsy, which specializes in craft and vintage items, generated a marketplace revenue of two billion U.S. dollars, accounting for approximately 75 percent of the company's overall revenue.
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TwitterIn 2024, the e-commerce platform Etsy generated 72 percent of its annual revenue through its marketplace segment. The remaining 28 percent was generated through the company's services business.
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TwitterFollowing a rise in popularity during the COVID-19 pandemic in 2020, the e-commerce platform focused on vintage, handmade, and specialty wholesale items, Etsy, continued to see the results of its popularity in the following years. While gross merchandise sales peaked in 2021, in 2024, Etsy's gross merchandise sales volume still amounted to over 12 billion U.S. dollars. Attaining and retaining consumers Following the coronavirus pandemic in 2020, the e-commerce platform maintained its jump in popularity in 2021 and 2022. In 2022, the company spent about 22 million dollars more on its global advertising expense than in the previous year. Etsy's advertising spend has been consistently rising since 2016. In addition to advertising spend, Etsy also made sure to increase its global marketing expense, both dependable methods in order to attract new users towards buying or selling on the platform. Bridging the gap between artists and buyers Even though, or precisely because, Etsy operates on a niche market model, the online marketplace has managed to attract a large number of sellers and buyers over the past few years. Following the e-commerce boom triggered by the coronavirus, the number of active sellers on the platform went from 4.4 million in 2020 to 7.5 million a year later. Similarly, the number of buyers grew by nearly 18 percent in a year, with approximately 96 million users making at least one purchase in 2021. In 2022, while growth has declined, it has not been by much. The platform still retains 7.47 million sellers, along with 95 over million buyers.
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TwitterIn 2024, the e-commerce platform Etsy, reported a net income of 303.28 million U.S. dollars, a decrease from the 307.57 million U.S. dollar reported in the previous year.
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TwitterDuring the second quarter of 2025, the C2C e-commerce company Etsy Inc. generated over 672 million U.S. dollars in revenue, up from 647 million U.S. dollars in the same quarter of the previous year.
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TwitterAs of October 16, 2024, CaitlynMinimalist was the Etsy seller with the most sales on the platform in the previous year. The store, which sells jewelry, recorded over 680,000 purchases by Etsy buyers in 12 months. Esty’s Overview Etsy, an online marketplace, generates revenue from three primary segments: marketplace revenues, this includes fees for sales transactions and listings of products; seller service revenues; and other revenues which includes third-party payment processor fees. The annual revenue of Etsy has steadily increased over the past years, reaching over *** billion U.S. dollars, which in part is due to a steady increase of investment into their advertising. Usage of Etsy When ranking the leading websites by share of visits in the United States, esty.com was fourth, outranked by amazon.com, ebay.com, and walmart.com. Still, over the past years, the number of active Etsy sellers has increased, reaching over * million in 2023. That year, Etsy's active buyers also grew, reaching over ** million, a new high for the company.
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TwitterIn 2024, online shopping platform Etsy.com generated 10.9 billion U.S. dollars worth of gross merchandise sales. Etsy Inc.'s other property, Reverb, generated 917.9 million U.S. dollars in GMS.
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TwitterThe operating profit of Etsy with headquarters in the United States amounted to ****** million U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total decrease by approximately **** million U.S. dollars. The trend from 2020 to 2024 shows, however, that this decrease did not happen continuously.
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TwitterThe total assets of Etsy with headquarters in the United States amounted to **** billion U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately **** billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.
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TwitterIn 2024, the e-commerce platform Etsy, which specializes in craft and vintage items, generated ****** million U.S. dollars in revenue with its services business. A year earlier, the corresponding figure was approximately ***** million dollars. This represented an annual increase of nearly **** percent.
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TwitterIn 2024, there were approximately 95.45 million active buyers who purchased goods through the Etsy ecosystem. The number of Etsy's active buyers peaked in 2023 is higher than it ever has been, just over the amount of buyers recorded in 2021 (96.34 million). An overview of EtsyEtsy is an online commerce website with strong integration of social features such as user profiles and collections, as well as interactive seller storefronts and the ability to share content to other social networks. In 2021, Etsy’s annual company revenue amounted to over 2.3 billion U.S. dollars, with the majority of revenues generated through its marketplace. That year, the social commerce site’s annual merchandise sales volume amounted to 13.5 billion U.S. dollars. Etsy salesEtsy sellers predominantly offer handcrafted or vintage products, and the platform serves as the most popular marketplace for such items. As the platform has a large pool of active buyers, the same can be said about the number of active sellers on Etsy. Both buyers and sellers helped the company increase its annual gross merchandise sales by 33 percent from 2020 to 2021.
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E-commerce companies sell various goods and associated services through online portals, either on websites, mobile apps or integrated into social media platforms. Internet access across Europe continues to accelerate, with the vast majority of countries boasting usage rates of over 80% of the population. The spread of fast broadband and mobile data has enabled rising numbers of Europeans to engage in e-shopping. Over the five years through 2025, e-commerce revenue is slated to climb at a compound annual rate of 4% to reach €352.5 billion. E-tailers benefit from lower overhead costs than bricks-and-mortar stores, enabling them to offer highly competitive prices and draw sales away from traditionally popular establishments like department stores. E-tailers have taken off by leveraging these cost advantages to appeal to an increasingly price-conscious consumer base. The expansion of value-added services like buy now, pay later and fast, flexible delivery options have contributed to strong industry growth. However, the industry hasn’t been immune to recent cos-of-living pressures; sky-high inflation across much of Europe severely dented Europeans’ spending power, with drops in sales volumes affecting many online stores in 2023. Despite this, revenue continues on an upwards trajectory as inflation outweighs the drop in volume sales, contributing to forecast revenue growth of 3.9% in 2025. Looking forwards, rising internet penetration will continue to provide a growing market for e-tailers, driving revenue upwards at a projected compound annual rate of 6.3% over the five years through 2030 to reach €478.9 billion. E-tailers will continue to adapt their business practices and product selections to reflect the ever-growing level of environmental awareness. Delivery fleets will become fully electrified for many companies, while increasingly stringent waste regulations will force companies to adopt biodegradable or recyclable packaging in the coming years. Still, online retailers must innovate to compete with rival Asian companies like Temu as these competitors increasingly penetrate European markets. The integration of Gen AI and data analytics will transform business operations, making them more efficient and helping to lower wage costs, supporting profitability.
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Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
E-commerce companies sell various goods and associated services through online portals, either on websites, mobile apps or integrated into social media platforms. Internet access across Europe continues to accelerate, with the vast majority of countries boasting usage rates of over 80% of the population. The spread of fast broadband and mobile data has enabled rising numbers of Europeans to engage in e-shopping. Over the five years through 2025, e-commerce revenue is slated to climb at a compound annual rate of 4% to reach €352.5 billion. E-tailers benefit from lower overhead costs than bricks-and-mortar stores, enabling them to offer highly competitive prices and draw sales away from traditionally popular establishments like department stores. E-tailers have taken off by leveraging these cost advantages to appeal to an increasingly price-conscious consumer base. The expansion of value-added services like buy now, pay later and fast, flexible delivery options have contributed to strong industry growth. However, the industry hasn’t been immune to recent cos-of-living pressures; sky-high inflation across much of Europe severely dented Europeans’ spending power, with drops in sales volumes affecting many online stores in 2023. Despite this, revenue continues on an upwards trajectory as inflation outweighs the drop in volume sales, contributing to forecast revenue growth of 3.9% in 2025. Looking forwards, rising internet penetration will continue to provide a growing market for e-tailers, driving revenue upwards at a projected compound annual rate of 6.3% over the five years through 2030 to reach €478.9 billion. E-tailers will continue to adapt their business practices and product selections to reflect the ever-growing level of environmental awareness. Delivery fleets will become fully electrified for many companies, while increasingly stringent waste regulations will force companies to adopt biodegradable or recyclable packaging in the coming years. Still, online retailers must innovate to compete with rival Asian companies like Temu as these competitors increasingly penetrate European markets. The integration of Gen AI and data analytics will transform business operations, making them more efficient and helping to lower wage costs, supporting profitability.
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Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
E-commerce companies sell various goods and associated services through online portals, either on websites, mobile apps or integrated into social media platforms. Internet access across Europe continues to accelerate, with the vast majority of countries boasting usage rates of over 80% of the population. The spread of fast broadband and mobile data has enabled rising numbers of Europeans to engage in e-shopping. Over the five years through 2025, e-commerce revenue is slated to climb at a compound annual rate of 4% to reach €352.5 billion. E-tailers benefit from lower overhead costs than bricks-and-mortar stores, enabling them to offer highly competitive prices and draw sales away from traditionally popular establishments like department stores. E-tailers have taken off by leveraging these cost advantages to appeal to an increasingly price-conscious consumer base. The expansion of value-added services like buy now, pay later and fast, flexible delivery options have contributed to strong industry growth. However, the industry hasn’t been immune to recent cos-of-living pressures; sky-high inflation across much of Europe severely dented Europeans’ spending power, with drops in sales volumes affecting many online stores in 2023. Despite this, revenue continues on an upwards trajectory as inflation outweighs the drop in volume sales, contributing to forecast revenue growth of 3.9% in 2025. Looking forwards, rising internet penetration will continue to provide a growing market for e-tailers, driving revenue upwards at a projected compound annual rate of 6.3% over the five years through 2030 to reach €478.9 billion. E-tailers will continue to adapt their business practices and product selections to reflect the ever-growing level of environmental awareness. Delivery fleets will become fully electrified for many companies, while increasingly stringent waste regulations will force companies to adopt biodegradable or recyclable packaging in the coming years. Still, online retailers must innovate to compete with rival Asian companies like Temu as these competitors increasingly penetrate European markets. The integration of Gen AI and data analytics will transform business operations, making them more efficient and helping to lower wage costs, supporting profitability.
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TwitterThe net cash of Etsy with headquarters in the United States amounted to ****** million U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately ***** million U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.
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TwitterThe total equity of Etsy with headquarters in the United States amounted to ******* million U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total decrease by approximately *** billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this decrease did not happen continuously.
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TwitterThe liabilities of Etsy with headquarters in the United States amounted to **** billion U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately **** billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.
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TwitterIn 2023, advertising revenue generated by Etsy with its retail media business in Europe stood at ** million U.S. dollars. In 2019, it amounted to ** million dollars, which means it grew at a compound annual growth rate of roughly ** percent in that period. Etsy owns one of the largest retail media networks in Europe.
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TwitterIn 2024, Etsy, an e-commerce website company specialized in craft and vintage items, generated revenues worth *** billion U.S. dollars, up from the *** billion generated in the previous year. Most products on Etsy are sold by independent sellers. Etsy's rise to the top Etsy launched in 2005 and went public in 2015 after a decade of operations, and is now one of the leading online marketplaces globally.The company generates revenue from three primary segments: marketplace revenues including fees for sales transactions and listings, seller service revenues, and other revenues including third-party payment processor fees. In recent years, Etsy’s marketplace has established itself as the most profitable segment, surpassing *** billion dollars for the first time in 2020. Mobile shopping Etsy has successfully capitalized on the increasing use of mobile shopping. The Etsy mobile app regularly reaches millions of downloads on a monthly basis. Downloads for the Etsy buyer app peaked in December of 2022, reaching over *** million in that month alone. With such high numbers of downloads worldwide, it comes as no surprise that mobile accounts for roughly ********** of Etsy’s gross merchandise volume. The fiscal year end of the company is December 31st.