Etsy Users Hit Over $500M This Year

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Etsy CEO Chad Dickerson has announced that sellers on the website have hit around $525 million in sales last year.  This year, the community will smash beyond that number as the company has already surpassed $500 million in sales.  And Etsy makes around 3.5% of every sales and 20 cents per item.  This means that Etsy has made at least $17.5 million in just the commissions.  The company has around 300 employees and 800,000 active merchants.  The website receives around 40 million monthly active users. [BusinessInsider]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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