Etsy became publicly traded on Nasdaq in 2015 after its initial public offering.
Etsy began trading under the ticker ETSY in April 2015. The company operates a marketplace focused on handmade goods, vintage items, craft supplies, and products made or designed by individual sellers.
Unlike a conventional retailer that owns most of its inventory, Etsy connects independent sellers with buyers and earns revenue through marketplace services, listing fees, transaction fees, advertising, and related tools. This model helped give small creative businesses a global storefront.
Etsy was founded in Brooklyn in 2005 by Rob Kalin, Chris Maguire, Haim Schoppik, and Jared Tarbell. Its Nasdaq listing is sometimes confused with the exchange listings of larger general retailers or online marketplaces. The IPO marked Etsy’s transition from a private startup into a publicly traded marketplace company.