+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here comes the Etsy IPO ...

Apr 16, 2015, 18:39 IST

Advertisement

Etsy makes its public debut on Thursday.

On Wednesday night, the company priced its offering at $16 per share, giving it a valuation of $1.8 billion.

The online marketplace for handcrafted goods generated $195.6 million in revenue in 2014, up 56.4% from $125.02 million in 2013, according to its filing with the Securities and Exchange Commission.

According to the filing, Etsy had planned to sell 16.7 million shares at a price range between $14 and $16.

Advertisement

The company had been described as running an 'artisanal IPO' process for reportedly seeking small investors that share its commitment to "socially responsible business practices."

This post will be updated as the stock comes to market.

NOW WATCH: It's official: Michael Kors isn't cool anymore

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article