5% Surge in 'Handmade Platform'... Recovery of 7 Trillion Won Valuation

Etsy Inc. closed at $54.40 on the New York Stock Exchange on the 5th, up 5.34%. Trading volume was about 1.83 million shares, and its market capitalization rose by roughly $300 million to about $5.2 billion (₩7.9 trillion) in a single day.

In February, when reporting its fourth-quarter and full-year 2025 results, Etsy announced it would sell the U.K. fashion resale platform Depop to eBay for $1.2 billion in cash and classify Depop’s performance as discontinued operations.

At the same event, the company also unveiled a series of measures to bolster its platform and shareholder value, including AI-powered shopping partnerships with Google and Microsoft and an expanded share-buyback program. More recently, Etsy has enacted brand-focused policy changes—such as a complete ban on fur products—to reinforce its corporate image.

Etsy is a global online marketplace specializing in handmade and vintage items. In 2025, it transferred its listing from Nasdaq to the New York Stock Exchange.

Since Cruti Patel Goyal took over as CEO in January, Etsy has maintained strong profitability. With gross merchandise volume growth remaining flat, restoring brand trust has emerged alongside stabilized revenues as a key investment theme.