Craft marketplace Etsy files for IPO

Posted online March 5, 2015 | 6:40 am

Etsy, an online marketplace that specializes in crafts and other artistic items, entered a filing with the U.S. Securities and Exchange Commission to go public.

In 2014, the 10-year-old company boosted revenue 56.4 percent to $195.6 million from $125.02 million in 2013, according to Business Insider. However, the Brooklyn-based company had a net loss of $15.2 million in 2014 and $800,000 in 2013.

It will be listed on the Nasdaq under the symbol ETSY and will seek a $100 million initial public offering.

Read more from Business Insider.[[In-content Ad]]

Comments

No comments on this story |

Please log in to add your comment

Noodle shop opens on south side

Editors' Pick

Open for Business: Show Me Chuy

April 7 was the official opening day for Mexican-Italian fusion restaurant Show Me Chuy after a soft launch that started March 31; marketing agency AdZen debuted; and the Almighty Sando Shop opened a brick-and-mortar space.

Most Read