Etsy's revenue increased 3.8%, as a 4.8% decrease in gross merchandise sales was more than offset by an expansion in the firm's take rate, which clocked in at 24% (up 200 basis points from a year ago) ...
Etsy beat revenue expectations thanks to a rising take rate, although currency fluctuations ate into earnings. Gross merchandise sales slumped, and so did the number of buyers and sellers on the ...
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