Craft online marketplace Etsy valued at $4B

Global Business

The online marketplace for crafts called Etsy has gone public and gave its online sellers a chance to snap up 5 percent of the shares beforehand. CCTV’s Nick Harper reports from New York.

Peer to peer online company valued at $4B

Peer to peer online company valued at $4B

Etsy, the online marketplace for vintage and handmade crafts has gone public and gave ts online sellers a chance to snap up 5 percent of the shares beforehand.

Highlights:

  • For one day only, some of Esty’s 1.4 million sellers took over Times Square, taking their online companies onto the streets.
  • This craft website has set aside 10% of its shares for small investors and 5% for its vendors.
  • The company’s revenue is growing, sales were up more than 56% last year.

Photos: The things you can buy on Etsy

A Bird's Nest
A Bird's Nest
Cat bracelet beading pattern
Cat bracelet beading pattern
Chair socks
Chair socks
Doll's sweater pattern
Doll's sweater pattern
Eyelashes necklace
Eyelashes necklace
Gold sugar
Gold sugar
Ears and horn
Ears and horn
Human head
Human head
Macrame mask
Macrame mask
Meditation pyramid
Meditation pyramid
Miniyou wedding cake topper
Miniyou wedding cake topper
Nose pin
Nose pin
Paperclip tassle
Paperclip tassle
Rainbow boots
Rainbow boots
Toad coin purse
Toad coin purse
Zelda phone case
Zelda phone case