Etsy Inc.’s shares jumped Friday after the online marketplace said shoppers continued to come to its platform to buy from smaller sellers amid supply-chain challenges besetting other retailers.

“During the holiday season, when many retailers were struggling with congested supply chains, Etsy sellers brought the benefits of shopping small to scale,” Chief Executive Josh Silverman told investors.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘Mandalorian’ star Gina Carano out at Lucasfilms after ‘abhorrent’ social media posts

Gina Carano is “not currently employed by Lucasfilm,” the company said in…

7 big issues at stake in the 2024 election

WASHINGTON — The policy contrasts between President Joe Biden and former President…

Zimbabwe declares drought disaster, the latest in a region where El Nino has left millions hungry

Zimbabwe declared a state of disaster Wednesday over a devastating drought that’s…

Ghana ruling party presidential candidate says he opposes same-sex relations

ACCRA — The presidential candidate of Ghana’s ruling party, Vice-President Mahamudu Bawumia,…