Etsy

  • After 3 weeks, Worldpay still fumbling millions of Etsy transactions

    After 3 weeks, Worldpay still fumbling millions of Etsy transactions

    Etsy users had another bad week as payment processor Worldpay continues to cause problems. Late last week, some Etsy users began reporting that they had experienced duplicate charges. The forum on Etsy for duplicate charges is approaching one thousand posts. In a statement, Worldpay admitted to causing the duplicate charges for Etsy users in its attempts to rectify the… Read More

  • How generation Z females could be the answer to tech’s gender diversity problem Crunch Network

    How generation Z females could be the answer to tech’s gender diversity problem

    While the biggest names in tech strive to close the gender gap and build more inclusive working environments, the pool of talent on offer is predominantly male. The truth is, while retention is an issue, there are simply fewer women opting for a career in tech. But new initiatives and an uptick of Gen Z girls opting for sciences in top-tier universities paints a very different future. Read More

  • Worldpay, Etsy’s payments processor, admits to service outage

    Worldpay, Etsy’s payments processor, admits to service outage

    Worldpay, the third-party payments processor for Etsy, has come forward after six days of silence, acknowledging that it is experiencing a service disruption. A significant number of Etsy transactions have been disrupted by ongoing payment processing outages. Over 7000 posts have been made by frustrated merchants in an Etsy forum dedicated to the problem. This is almost twice the volume… Read More

  • Five days of Etsy payment processing outages have merchants flipping

    Five days of Etsy payment processing outages have merchants flipping

    ***Update to this post can be found here. Those hoping to snag some handmade July 4th cookies and home-made vegan sunblock might have woken up to an empty stomach and sunburn after a serious payment processing outage on e-commerce site Etsy. Over the last five days, a large number of Etsy transactions have been disrupted by “third party” payment processing outages. As of 6pm PST… Read More

  • What’s next for Twilio and its unicorn brethren?

    What’s next for Twilio and its unicorn brethren?

    Brexit. Trump. The Federal Reserve. The world threw nearly everything at Twilio for its untimely IPO. Despite market volatility, the company continues to impress. The week the world met Twilio can only be defined as positive. Unfortunately, the greatest challenges for the company lie ahead. Short Term Herd behavior fuels IPOs. Casual investors often jump in immediately because of the… Read More

  • Etsy’s latest diversity report recognizes gender as a spectrum, not a binary

    Etsy’s latest diversity report recognizes gender as a spectrum, not a binary

    Peer-to-peer marketplace Etsy has released its first diversity report since going public last April, showing that people who identify as women make up 50% of the leadership and management roles at the company. In 2014, women held just 37% of leadership roles at the company. What’s also notable about this report is that it represents gender in a non-binary way. As of December 2015 at… Read More

  • Etsy launches Pattern, a website builder for its sellers

    Etsy launches Pattern, a website builder for its sellers

    With the launch of a new service called Pattern, Etsy is making it easier for people to sell custom goods on their own websites. Apparently, more than one-third of Etsy’s 1.6 million active sellers have said they’re interested in setting up their own site, but they found the process of registering a domain, creating a site, maintaining it and managing the inventory too… Read More

  • Etsy Shares Spike 13% As It Reports Strong Revenue In Fourth Quarter

    Etsy Shares Spike 13% As It Reports Strong Revenue In Fourth Quarter

    Etsy didn’t have a good 2015, but it was still able to finish on the stronger side. Today the company reported its fourth-quarter results, coming in at $87.9 million in revenue and a loss of 4 cents per share. Analysts were expecting a loss of 1 cent per share on revenue of $86.5 million. Another important number to track here was the company’s gross merchandise sales (GMS)… Read More

  • Twitter, And Pretty Much Everyone Else, Had A Bad Day

    Twitter, And Pretty Much Everyone Else, Had A Bad Day

    Today was not a good day for tech stocks. Universally, tech stocks crashed today alongside everything else, erasing billions in value across the board, as part of a bad day overall for the market. There’s not a whole lot of confidence throughout the market, but tech — even bellwethers like Apple — weren’t safe today. That being said, some stocks got particularly hammered… Read More

  • Fitbit’s Post-Smartwatch Announcement Crash Marches On, Dropping Another 10%

    Fitbit’s Post-Smartwatch Announcement Crash Marches On, Dropping Another 10%

    Fitbit is already not having a good week. After unveiling a new smartwatch at CES last week, the stock tanked 18% over the course of the day. But things have only gotten worse for the fitness tracking device-focused company, with its shares dropping another 10% in trading today. The stock fell as much as 13% during the day, bringing it to an all-time low. As we noted last week, this seems to be… Read More

  • 2015 IPO Scorecard: How Box, Square, Fitbit And Others Stacked Up

    2015 was not a good year for IPOs. In fact, it was the worst year for tech IPOs since the financial crisis in 2009, with more and more startups opting to remain private longer. Stock market swings stemming from an oil crisis and a delayed interest rate decision meant that some companies in the pipeline decided to postpone their IPO until 2016.  “Investors in the market were looking… Read More

  • 9 Etsy-Made Gifts That Keep Holiday Giving Weird

    I’ve always found that the weirder gifts, no matter how much they cost, are the ones that people appreciate the most. Sure, you could send someone a boring gift card or a basic-ass iPhone case, but why? Spend some extra time on the always awesome Etsy and give back to the community while gifting some of the funniest and weirdest stuff you’ll find. And a lot of it is customizable. Read More

  • Worst Year For Tech IPOs Since 2009

    Worst Year For Tech IPOs Since 2009

    With just 28 technology companies entering the U.S. public markets, 2015 was the worst year for IPOs since 2009, according to Dealogic. This compares to 62 last year and 48 the year before, with 131 “unicorns” opting to remain private longer. “We haven’t seen so few tech IPOs since the 2008-09 U.S. financial crisis,” notes Kathleen Smith, principal at IPO ETF… Read More

  • A Square Pop, And A Drop

    A Square Pop, And A Drop

    Square’s IPO came in hot, bouncing more than 40 percent in its first day of trading. Priced conservatively, the offering did what all IPOs must do to set a positive narrative: rise. In the ensuing days of trading, Square has slipped. Today, as TechCrunch reported, shares in Square fell for the third consecutive session. A good first day, it seems, does not a good first week make. Read More

  • Etsy Meets Expectations In Q3, Stock Drops 8% After Hours

    Etsy Meets Expectations In Q3, Stock Drops 8% After Hours

    Following trading today, Etsy reported its Q3 financial performance, including revenue of $66 million, and earnings loss per share of $0.06. The Street expected Etsy to lose $0.06 per share, off revenue of around $66.17 million. So that’s a “met expectations.” The company reported 1.5 million active sellers and 22.6 million active buyers. The company was up 3.18 percent… Read More

  • Etsy Launches A Same-Day Delivery Service For The Holidays, But It’s Pricey

    Etsy Launches A Same-Day Delivery Service For The Holidays, But It’s Pricey

    Everyone wants to offer same-day delivery these days, and apparently, the artisan marketplace Etsy is no exception. Today, Etsy announced the debut of a new pilot program called Etsy ASAP, which allows Etsy shoppers on web and mobile the ability to request same-day and next-day deliveries from sellers in the New York City metro area, for an additional fee. Read More

  • Tech Giants Sign Letter Against EU Laws To Hand Huge New Powers To ISPs

    Tech Giants Sign Letter Against EU Laws To Hand Huge New Powers To ISPs

    New European legislation which threatens net neutrality is set to go before the EU Parliament Tuesday. The EU is planning new rules it claims will ‘protect’ Net neutrality, but a leading legal expert says it will in fact do the exact opposite. Stanford Law Professor Barbara van Schewick, also Director of the Stanford Center for Internet and Society, has collated signatures from… Read More

  • Amazon Treads On Etsy’s Toes With Handmade Marketplace Launch

    Amazon Treads On Etsy’s Toes With Handmade Marketplace Launch

    Amazon has expanded its ecommerce empire yet again, opening a marketplace for handcrafted goods that takes it right onto Etsy’s bespoke knits. The new marketplace, Handmade at Amazon, went live in the U.S. earlier today — offering handmade items in the following initial categories: Jewelry, Home Décor, Artwork, Stationery & Party Supplies, Kitchen & Dining, Furniture… Read More

  • Etsy Opens To Manufacturing

    Etsy Opens To Manufacturing

    Taking another step away from being a marketplace known only for “handcrafted” goods to instead focus more broadly on enabling smaller sellers to scale their businesses, online marketplace Etsy announced today it’s launching a new program called Etsy Manufacturing. The service will connect sellers with Etsy-approved manufacturers to help them source production assistance… Read More

  • Etsy’s Pulling The Plug On Grand St. At The End Of This Month

    Etsy’s Pulling The Plug On Grand St. At The End Of This Month

    When Etsy bought Grand St. last April, the plan was to let Grand St. continue to operate its maker marketplace for tech hardware. But that’s about to change. At the end of this month, Grand St. will stop processing orders and on October 1, listings on the site will become inactive. At that point, Grand St.’s site will just be a gallery of content and photos. That’s… Read More

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