As Etsy Sellers Strike, CEO Points to Need for Investment
0:00
Paused
0:00 / 2:28
As Etsy Sellers Strike, CEO Points to Need for Investment
The chief executive officer of Etsy defended the company’s strategy to become an online shopping destination that can compete with Amazon.com Inc. and said recent moves that have been unpopular among some sellers would benefit them in the long run.
More than 20,000 sellers on the digital marketplace have signed a petition against Etsy’s decision to raise the commission it charges on each transaction to 6.5% from 5%. Some have temporarily closed their shops in protest.
What to Read Next...
Sponsored Offers
- JCPenney:
Today's JCPenney coupon code - 30% off entire purchase - Walmart:
20% off your next online order - Walmart coupon code - Michaels:
Michaels coupon code for senior - Extra 10% off - Dell:
Get 35% on Select Workstations & PCs with Dell coupon code - Ulta Beauty:
Today's Ulta Beauty promo code: $3.50 off when you spend $15+ - Nike:
March Savings Event: Up to 64% off Nike's newest spring styles