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Etsy, website where 20 million a year buy artsy goods, crafts IPO plan
Etsy, website where 20 million a year buy artsy goods, crafts IPO plan

Etsy Inc., an online shop where people sell artsy goods, filed on Wednesday to go public. The nearly 10-year-old start-up, based in Brooklyn, N.Y., said in a Securities and Exchange Commission filing that it’s seeking to raise $100 million in an initial public offering of its stock. The figure is typically a placeholder value used to set filing fees. On the private market, Etsy was valued at more than $600 million back in 2012, according to media reports at the time. Etsy has separated itself from Amazon, EBay, Alibaba and other online marketplaces by catering to mostly women sellers who handmake their crafts and clothing. The small-scale approach means Etsy moves fewer...

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