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Etsy Shares Soar to New Highs as Analysts Cheer New Fee Hike

The online store announced it was raising its base take rate to 5 percent from 3.5 percent.
Homemade Etsy products | Source: Etsy
By
  • Bloomberg

Etsy climbed to a record high on Thursday after announcing that it was raising the cut it takes from each sale, which had previously been one of the lowest among its e-commerce peers.

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