Etsy CEO: Machine Learning is Opening Up a Whole New Opportunity

Etsy CEO Josh Silverman says that “machine learning is opening up a whole new opportunity” for the company to organize 50 million items into a discovery platform that makes buying an enjoyable experience and also is profitable for sellers.

Etsy Fails to Hit Quarterly Revenue Target, CEO Gets the Boot

E-commerce site Etsy had to cut its workforce by 8% and fired its CEO, Chad Dickerson, after failing to hit its first quarter revenue targets. The statement on the first quarter earnings reported revenues of $96.9 million, just below the…

Etsy Announces Site-Building Tool ‘Pattern,’ Redesigned Landing Pages For Shops

Etsy made two major announcements on Tuesday aimed at improving the selling experience. These are a new paid site-building tool called Pattern and a new redesigned landing page for Etsy shops called Shop Home. Pattern appears to be Etsy’s answer…

Etsy Gives Shareholders Something They Like

Investors weren’t thrilled with Etsy’s Q3 report when the company posted a net loss of $6.9 million ( 6 cents per share) and revenue of $65.7 million. On Tuesday, the company posted its Q4 and full-year 2015 financials with a…

Etsy Adds Express Checkout to iOS App

Etsy announced that it’s rolling out Express Checkout with Apple Pay on in its iOS app. This lets buyers skip the shopping cart and check out in two steps. The feature became available for signed-in US users on desktop and…

Etsy Launches Shop Videos For Sellers

Etsy announced the launch of a new feature for sellers called Shop Videos aimed at giving them a new way to give buyers a closer look at their story and what goes into creating their shops and items. The feature…

Etsy Announces Wholesale Guidelines To Benefit Sellers

Etsy announced that starting today, Etsy Wholesale will begin requiring all retail partners to agree to specific guidelines. These are as follows: – Pay the price listed on the seller’s Etsy Wholesale line sheet for at least the first six…

Etsy Earnings Released, Net Loss $6.9 Million

Etsy just released its Q3 financials, posting a net less of $6.9 million ( 6 cents per share). Revenue was $65.7 million, up from $47.6 million from the same period last year. Shareholders aren’t thrilled as shares are tanking in…

Etsy ASAP Lets Users Get Same-Day Delivery

Etsy announced the launch of Etsy ASAP as a limited pilot in areas of New York City, giving shoppers the ability to have items delivered on the same or next day for a flat fee of $20. “This pilot, slated…

Etsy Manufacturing Opened Up To Etsy Designers

Etsy announced that it is launching Etsy Manufacturing in beta for Etsy designers. The offering will let designers connect with the manufacturing community as announced last month. In September, Etsy announced the launch of the Etsy Manufacturing Marketplace and invited…