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This question is about Etsy.
Who owns Etsy?
Esty Inc. owns Etsy and is considered its parent company. The founders of Etsy, Robert Kallin, Chris Maguire, Haim Schoppik, and Jared Tarbell, launched the website in 2005.
Etsy planned to go public as early as 2010, but this was delayed till 2015 when they sold 13.3 million shares. Venture capital firms Accel and Acton Capital partners sold the rest of the company's shares.
In 2016, Etsy acquired Blackbird Technologies for $32.5 million dollars, a startup that created AI software used for shopping context and search applications. And then, in 2021, the company acquired the shopping application Depop, a global fashion resell marketplace, for $1.63 billion.
Today, Etsy focuses on the selling of handmade and vintage items, as well as craft supplies. Etsy sells a wide variety of products, including jewelry, bags, clothing, home decorations and furniture, toys, art, and craft supplies. In 2021, the company had an annual revenue of $2.33 billion with a workforce of 2,402 employees.
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