Etsy, Inc. (ETSY) runs two-sided online marketplaces that bring together millions of passionate and creative buyers and sellers worldwide. The "House of Brands" portfolio of Etsy, Inc. also includes fashion resale marketplace Depop, musical instrument marketplace Reverb, and handmade goods marketplace Elo7 from Brazil.
The company reported impressive second-quarter results, which led its stock to soar 31.7% over the past month. Its platform continues to grow in terms of buyers and sellers. Active buyers increased by 3.8% to 93.9 million, while active sellers increased by 41.5% to 7.4 million in its latest second-quarter results.
