Shopping online is hitting it big, and e-commerce platform Etsy (NASDAQ: ETSY) is finally positioned to take advantage of the wave. Prior to a massive restructuring in 2017, the company was falling deeper and deeper into the red, pressured by ballooning costs and big-name competitors like Amazon (NASDAQ: AMZN) and eBay (NASDAQ: EBAY). Put to the test by recent economic winds, Etsy is proving it truly does have what it takes to thrive -- at a price. Read More...
Big, Pricey Changes Fuel Etsy Growth
Shopping online is hitting it big, and e-commerce platform Etsy (NASDAQ: ETSY) is finally positioned to take advantage of the wave. Prior to a massive restructuring in 2017, the company was falling deeper and deeper into the red, pressured by ballooning costs and big-name competitors like Amazon (NASDAQ: AMZN) and eBay (NASDAQ: EBAY). Put to the test by recent economic winds, Etsy is proving it truly does have what it takes to thrive — at a price.
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