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Report: Etsy isn’t feeling much pain from Amazon’s artisanal ambitions
When Amazon launched Handmade, its marketplace for handcrafted goods, in late 2015, it was nothing short of a direct shot at Etsy. The Seattle e-commerce giant had been courting Etsy vendors for months to coax them onto Handmade; meanwhile, Etsy’s operating costs were rising, and its stock price had dropped by about 50% since the …
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