Etsy CEO says company is escaping 'race to the bottom' and getting back to its artisan roots
Publishing timestamp: 2024-07-09 12:00:01
Summary
Etsy is overhauling its policies to focus on original goods and real people, aiming to compete with Amazon and emerging e-commerce players. The changes include new labels on the website and app to show how each seller created a particular item, with a focus on incorporating a "human touch." Despite struggles in recent quarters, Etsy is trying to get back to its roots as a platform for unique, handcrafted goods.
Sentiment: MIXED
Keywords: breaking news: technology, etsy inc, business news, technology, amazon.com inc, internet,