3 Reasons Etsy's Marketplace Is Growing
Etsy's (NASDAQ: ETSY) marketplace has grown substantially in recent years and now almost four million sellers with over 69 million buyers around the world. The increasing popularity of e-commerce has certainly been a powerful contributor, but it's not the only reason Etsy's marketplace is growing. Here are three other reasons for the company's success.
Etsy's unique inventory sets it apart from competing retailers like Amazon and Walmart. With millions of creative sellers on its marketplace, the inventory is both sizable and diverse. In fact, as of Dec. 2019, over 66 million items were listed on the platform, and those products range from home furnishings to beauty and personal care supplies.
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Source Fool.com
