Etsy Expands In Latin America By Acquiring Brazil’s Handmade Item Ecommerce Site For $217M Cash
Etsy Inc (NASDAQ:ETSY) inked an agreement to acquire the Brazil e-commerce site for unique, handmade items, Elo7, for $217 million in…
Etsy Acquire Elo7 For $217M
Etsy, Inc. (NASDAQ:ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, has signed a definitive agreement to acquire Elo7, a privately
Truist Securities Maintains Buy on Etsy, Raises Price Target to $217
Truist Securities analyst Naved Khan maintains Etsy (NASDAQ: ETSY) with a Buy and raises the price target from $215 to $217.Truist Securities analyst Naved Khan maintains Etsy (NASDAQ:ETSY) with a Buy and raises the price target from $215 to $217.
Cathie Wood Offloads $9.3M In Snapchat, Buys $32M In Etsy
Cathie Wood-led Ark Investment Management on Monday shed 145,727 shares, worth about $9.26 million, in Snapchat parent Snap Inc (NYSE: SNAP) on the day shares of the social media company fell.
Snap shares closed 0.81% lower at $63.57 on Monday.
Netflix Launches Online Shop With Merchandise Tied To Popular Shows
Netflix Inc (NASDAQ: NFLX) is planning to launch an e-commerce site offering merchandise based on its popular shows.
Shippo Reaches Unicorn Status With $50M Raise
Shippo, an e-commerce shipping platform, has announced it has raised $50 million in new funding led by Bessemer Venture Partners. The company has raised a total of $154.3 million since 2014.
This round has pushed Shippo to unicorn status, now valued at $1 billion.
The Latest Picks And Pans From Barron’s: AT&T, Bitcoin, Cisco Systems, Kohl’s And More
The cover story in this weekend's Barron's explains why betrayed investors may want to stay with a top telecom.
Other featured articles discuss bio oil's transition to renewable energy, what value hunters see today and the sustainable-investing landscape.
72 Biggest Movers From Yesterday
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SemiLEDs Corporation (NASDAQ: LEDS) shares surged 85.8% to settle at $10.22 on above-average volume.
What 3 Analysts Think About Etsy’s Future Growth After Q1 Earnings Report
Analysts are reacting to the first-quarter earnings report from Etsy Inc (NASDAQ: ETSY) and the second-quarter guidance for the e-commerce company.
The Etsy Analysts: Roth Capital analyst Darren Aftahi has a Buy rating and a $245 price target.