Quantcast

Etsy Makes Its Biggest Acquisition Yet with ‘A Little Market’

Get the WebProNews Newsletter:


Etsy Makes Its Biggest Acquisition Yet with ‘A Little Market’
[ Business]

Etsy has just announced the acquisition of A Little Market, a French company that serves as “an online destination for consumers in France looking for creative goods made by local artists and designers.” Sounds a lot like…yes, Etsy of course.

Although Etsy didn’t disclose the financials on the deal, The Wall Street Journal quotes a source who says that the deal was Etsy’s sixth, and biggest yet.

Still, the deal is reportedly valued at less than $100 million.

“While Etsy’s business in France is primarily import/export — shoppers in other countries buying from local sellers — A Little Market has been focused on domestic growth among French sellers and buyers. The mission we believe in is aligned across both platforms. A Little Market shares our strategy of supporting designers, artists and makers to start and scale their independent, creative businesses, bringing to market one-of-a-kind goods. They emphasize handmade and work to keep the buying experience human and friendly,” says Etsy CEO Chad Dickerson.

A Little Market will continue to operate independently, according to Dickerson.

“Together, Etsy and A Little Market are incredibly well-positioned to reimagine commerce in France, the world’s fifth largest economy,” says Dickerson.

Etsy’s last major acquisition was that of Grand St., a hardware marketplace, which happened back in April.

Image via Etsy Blog

Etsy Makes Its Biggest Acquisition Yet with ‘A Little Market’
Comments Off


Top Rated White Papers and Resources

Comments are closed.

  • Join for Access to Our Exclusive Web Tools
  • Sidebar Top
  • Sidebar Middle
  • Sign Up For The Free Newsletter
  • Sidebar Bottom