Etsy acquires Brazilian online marketplace Elo7 for $217 million_老虎社区_美港股上老虎

Etsy acquires Brazilian online marketplace Elo7 for $217 million

Reuters2021-06-29

(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...

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115

Syin23
·2021-06-29
Wow... Go go go[得意]
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LuckyLucky
·2021-06-29
Cool
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1
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Zhenghao
·2021-06-29
Its moving faster than expected
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A蔓妲
·2021-06-29
Yes.. good news getting expanded.
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Yimyim
·2021-06-29
Etsy extended its growth runway!
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3
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limhuileong
·2021-06-29
Comment and like pls
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1
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Alihuat
·2021-06-29
Etsy gg up again....
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3
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koolgal
·2021-06-29
Great news for Etsy fans! Please like and comment. Thanks
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7
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- jastsm:
  Nice
  2021-06-29
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- koolgal:
  Thanks
  2021-06-29
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Shant
·2021-06-29
Nice
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WayneSing
·2021-06-29
like thanks
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2
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- Singman:
  pls like too.
  2021-06-29
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newagetrader
·2021-06-29
wow good stuff
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J5385
·2021-06-29
like and comment pls
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4
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stormlee
·2021-06-29
Comment & like pls
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4
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- chubzchubx:
  ok
  2021-06-29
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- stormlee:
  👌
  2021-06-29
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TjgMarcus
·2021-06-29
Etsy or amazon?
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5
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- stormlee:
  Comment & like pls
  2021-06-29
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Nebhol
·2021-06-29
MELI competitor?
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4
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Ericlam
·2021-06-29
Keep expanding 👍🏻
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8
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- Angsana:
  nice
  2021-06-29
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- Ericlam:
  Nice
  2021-06-29
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1Man2Stonks
·2021-06-29
Nice
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2
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- Ericlam:
  Nice
  2021-06-29
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- 1Man2Stonks:
  tq
  2021-06-29
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Never ever f
·2021-06-29
Etsy another peak !
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2
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- Ericlam:
  Nice
  2021-06-29
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YMF808
·2021-06-29
Interesting company!
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4
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- ML808:
  yes
  2021-06-29
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Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":150754399,"gmtCreate":1624928926511,"gmtModify":1633946903984,"author":{"id":"4087558306753550","authorId":"4087558306753550","name":"LuckyLucky","avatar":"https://static.tigerbbs.com/7f6923176f885b4cc7c0299b6e1ec22e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087558306753550","authorIdStr":"4087558306753550"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150754399","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150750966,"gmtCreate":1624928707955,"gmtModify":1633946910787,"author":{"id":"3577189579318003","authorId":"3577189579318003","name":"Zhenghao","avatar":"https://static.tigerbbs.com/9bc02f1c85fb8e61dbc393ac0ad551db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577189579318003","authorIdStr":"3577189579318003"},"htmlText":"Its moving faster than expected","listText":"Its moving faster than expected","text":"Its moving faster than expected","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150750966","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150728800,"gmtCreate":1624928536300,"gmtModify":1633946915347,"author":{"id":"3577651105058225","authorId":"3577651105058225","name":"A蔓妲","avatar":"https://static.tigerbbs.com/67011bc9ee75299633a6a00c16800337","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3577651105058225","authorIdStr":"3577651105058225"},"htmlText":"Yes.. good news getting expanded.","listText":"Yes.. good news getting expanded.","text":"Yes.. good news getting expanded.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150728800","repostId":2147983031,"repostType":2,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150474679,"gmtCreate":1624926375391,"gmtModify":1631884337968,"author":{"id":"3585740155976241","authorId":"3585740155976241","name":"Yimyim","avatar":"https://static.tigerbbs.com/132cfc1b0cf215d422e5277c1976e8e8","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3585740155976241","authorIdStr":"3585740155976241"},"htmlText":"Etsy extended its growth runway!","listText":"Etsy extended its growth runway!","text":"Etsy extended its growth runway!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150474679","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150483122,"gmtCreate":1624924593366,"gmtModify":1633947028336,"author":{"id":"3574150988172179","authorId":"3574150988172179","name":"limhuileong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574150988172179","authorIdStr":"3574150988172179"},"htmlText":"Comment and like pls","listText":"Comment and like pls","text":"Comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150483122","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150436398,"gmtCreate":1624924173414,"gmtModify":1631884337971,"author":{"id":"3575407991823828","authorId":"3575407991823828","name":"Alihuat","avatar":"https://static.tigerbbs.com/d450d741a6a78a315c768cda177843d8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575407991823828","authorIdStr":"3575407991823828"},"htmlText":"Etsy gg up again....","listText":"Etsy gg up again....","text":"Etsy gg up again....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150436398","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150405177,"gmtCreate":1624923630399,"gmtModify":1631884337971,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"htmlText":"Great news for Etsy fans!&nbsp; Please like and comment.&nbsp; Thanks&nbsp;","listText":"Great news for Etsy fans!&nbsp; Please like and comment.&nbsp; Thanks&nbsp;","text":"Great news for Etsy fans! Please like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150405177","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5059911,"gmtCreate":1624923944576,"gmtModify":1635242428783,"authorId":3566625666991378,"author":{"id":3566625666991378,"idStr":"3566625666991378","authorId":3566625666991378,"name":"jastsm","avatar":"https://static.tigerbbs.com/788c247e8da6b8b77693cdcfee1b68eb","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150405177,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"},{"id":5059960,"gmtCreate":1624924094675,"gmtModify":1635242424071,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150405177,"type":1,"supId":5059911,"prevId":0,"content":"<u>Thanks</u>","text":"<u>Thanks</u>","html":"<u>Thanks</u>"}],"langContent":"EN"},{"id":150402601,"gmtCreate":1624923612103,"gmtModify":1633947061345,"author":{"id":"3577517097493032","authorId":"3577517097493032","name":"Shant","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577517097493032","authorIdStr":"3577517097493032"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150402601","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150403288,"gmtCreate":1624923499144,"gmtModify":1633947065289,"author":{"id":"3584427442291849","authorId":"3584427442291849","name":"WayneSing","avatar":"https://static.tigerbbs.com/9ba5be2ddf8347d41eed59a863adfe57","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3584427442291849","authorIdStr":"3584427442291849"},"htmlText":"like thanks","listText":"like thanks","text":"like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150403288","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5059912,"gmtCreate":1624923948605,"gmtModify":1635242428660,"authorId":3575125836760247,"author":{"id":3575125836760247,"idStr":"3575125836760247","authorId":3575125836760247,"name":"Singman","avatar":"https://static.tigerbbs.com/d770feb757705f2d631d2d5f381ae07b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150403288,"type":1,"supId":0,"prevId":0,"content":"pls like too.","text":"pls like too.","html":"pls like too."}],"langContent":"EN"},{"id":150577731,"gmtCreate":1624923403723,"gmtModify":1633947067608,"author":{"id":"3580023249461134","authorId":"3580023249461134","name":"newagetrader","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580023249461134","authorIdStr":"3580023249461134"},"htmlText":"wow good stuff","listText":"wow good stuff","text":"wow good stuff","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150577731","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150570740,"gmtCreate":1624923134880,"gmtModify":1633947076322,"author":{"id":"3573450191379774","authorId":"3573450191379774","name":"J5385","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573450191379774","authorIdStr":"3573450191379774"},"htmlText":"like and comment pls","listText":"like and comment pls","text":"like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150570740","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150570127,"gmtCreate":1624923110569,"gmtModify":1633947077054,"author":{"id":"3571959390768435","authorId":"3571959390768435","name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571959390768435","authorIdStr":"3571959390768435"},"htmlText":"Comment &amp; like pls","listText":"Comment &amp; like pls","text":"Comment & like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150570127","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5059650,"gmtCreate":1624923207070,"gmtModify":1635242454881,"authorId":3573424099857501,"author":{"id":3573424099857501,"idStr":"3573424099857501","authorId":3573424099857501,"name":"chubzchubx","avatar":"https://static.tigerbbs.com/81dc9bc77184fa493cbde5fd917a87fc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150570127,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":5059667,"gmtCreate":1624923261338,"gmtModify":1635242453173,"authorId":3571959390768435,"author":{"id":3571959390768435,"idStr":"3571959390768435","authorId":3571959390768435,"name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150570127,"type":1,"supId":5059650,"prevId":0,"content":"👌","text":"👌","html":"👌"}],"langContent":"EN"},{"id":150543040,"gmtCreate":1624922853980,"gmtModify":1631884337980,"author":{"id":"3586818753393090","authorId":"3586818753393090","name":"TjgMarcus","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3586818753393090","authorIdStr":"3586818753393090"},"htmlText":"Etsy or amazon?","listText":"Etsy or amazon?","text":"Etsy or amazon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150543040","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5059623,"gmtCreate":1624923104046,"gmtModify":1635242457670,"authorId":3571959390768435,"author":{"id":3571959390768435,"idStr":"3571959390768435","authorId":3571959390768435,"name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150543040,"type":1,"supId":0,"prevId":0,"content":"Comment &amp; like <u>pls</u>","text":"Comment &amp; like <u>pls</u>","html":"Comment &amp; like <u>pls</u>"}],"langContent":"EN"},{"id":150554342,"gmtCreate":1624922708786,"gmtModify":1633947088937,"author":{"id":"3567411499210880","authorId":"3567411499210880","name":"Nebhol","avatar":"https://static.tigerbbs.com/b0bfc2a45b91e41a283614268857b3a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3567411499210880","authorIdStr":"3567411499210880"},"htmlText":"MELI competitor?","listText":"MELI competitor?","text":"MELI competitor?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150554342","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":150551600,"gmtCreate":1624922568700,"gmtModify":1633947092900,"author":{"id":"3559787818034959","authorId":"3559787818034959","name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3559787818034959","authorIdStr":"3559787818034959"},"htmlText":"Keep expanding 👍🏻","listText":"Keep expanding 👍🏻","text":"Keep expanding 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150551600","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5059480,"gmtCreate":1624922722844,"gmtModify":1635242472140,"authorId":3575326435298567,"author":{"id":3575326435298567,"idStr":"3575326435298567","authorId":3575326435298567,"name":"Angsana","avatar":"https://static.tigerbbs.com/3c8492153d7059ec1aa704a1bd541c14","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150551600,"type":1,"supId":0,"prevId":0,"content":"<u>nice</u>","text":"<u>nice</u>","html":"<u>nice</u>"},{"id":5059602,"gmtCreate":1624923064626,"gmtModify":1635242460086,"authorId":3559787818034959,"author":{"id":3559787818034959,"idStr":"3559787818034959","authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150551600,"type":1,"supId":5059480,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":150527080,"gmtCreate":1624922453940,"gmtModify":1633947097594,"author":{"id":"3576990637797737","authorId":"3576990637797737","name":"1Man2Stonks","avatar":"https://static.tigerbbs.com/2c93182b4ac6670e37860fa9cbdfd2d4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576990637797737","authorIdStr":"3576990637797737"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150527080","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5059438,"gmtCreate":1624922584687,"gmtModify":1635242476404,"authorId":3559787818034959,"author":{"id":3559787818034959,"idStr":"3559787818034959","authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150527080,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"},{"id":5065618,"gmtCreate":1624950908577,"gmtModify":1635241838235,"authorId":3576990637797737,"author":{"id":3576990637797737,"idStr":"3576990637797737","authorId":3576990637797737,"name":"1Man2Stonks","avatar":"https://static.tigerbbs.com/2c93182b4ac6670e37860fa9cbdfd2d4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150527080,"type":1,"supId":5059438,"prevId":0,"content":"<u>tq</u>","text":"<u>tq</u>","html":"<u>tq</u>"}],"langContent":"EN"},{"id":150520074,"gmtCreate":1624922234998,"gmtModify":1631884338015,"author":{"id":"3555043402922696","authorId":"3555043402922696","name":"Never ever f","avatar":"https://static.tigerbbs.com/52501d43721648c944a019db9c767c5d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3555043402922696","authorIdStr":"3555043402922696"},"htmlText":"Etsy another peak !","listText":"Etsy another peak !","text":"Etsy another peak !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150520074","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5059441,"gmtCreate":1624922591962,"gmtModify":1635242476156,"authorId":3559787818034959,"author":{"id":3559787818034959,"idStr":"3559787818034959","authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150520074,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":150562082,"gmtCreate":1624922122046,"gmtModify":1633947110429,"author":{"id":"4087173082353320","authorId":"4087173082353320","name":"YMF808","avatar":"https://static.tigerbbs.com/4baafafa8982b2c0a7b4c828a5e3cbfb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087173082353320","authorIdStr":"4087173082353320"},"htmlText":"Interesting company!","listText":"Interesting company!","text":"Interesting company!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150562082","repostId":2147983031,"repostType":4,"repost":{"id":"2147983031","kind":"news","pubTimestamp":1624921927,"share":"https://www.laohu8.com/m/news/2147983031?lang=&edition=full","pubTime":"2021-06-29 07:12","market":"us","language":"en","title":"Etsy acquires Brazilian online marketplace Elo7 for $217 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2147983031","media":"Reuters","summary":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online mar","content":"<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.</p>\n<p>The move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.</p>\n<p>“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”</p>\n<p>Both websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.</p>\n<p>The country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.</p>\n<p>Shares of Etsy Inc rose 5.4% after the announcement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Etsy acquires Brazilian online marketplace Elo7 for $217 million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEtsy acquires Brazilian online marketplace Elo7 for $217 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move...</p>\n\n<a href=\"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/etsy-acquires-brazilian-online-marketplace-222107380.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147983031","content_text":"(Reuters) - E-commerce company Etsy Inc said on Monday it had acquired Elo7 — a Brazilian online marketplace specializing in made-to-order products — in a $217 million cash transaction in a first move to expand into Latin America.\nThe move comes just weeks after Etsy’s acquisition of Depop, a website for buying and selling second-hand clothing popular among Gen Z consumers. Like Depop and Reverb, a music marketplace purchased by Etsy in 2019, Elo7 will continue to be run by its existing leadership as an independent marketplace once the deal is finalized. The companies expect that to happen by the third quarter.\n“Elo7 is the ‘Etsy of Brazil,’ with a purpose and business model similar to our own,” Etsy’s chief executive, Josh Silverman, said in a news release. “This transaction will establish a foothold for us in Latin America, an underpenetrated e-commerce region where Etsy currently does not have a meaningful customer base.”\nBoth websites connect buyers and sellers interested in homemade items including accessories, toys and clothing. Founded in 2008, Elo7 has 56,000 active vendors selling to over 1.9 million buyers in Brazil.\nThe country has the largest e-commerce market in Latin America based on user numbers according to JP Morgan LLC, which served as exclusive financial adviser to Etsy for the Elo7 purchase.\nShares of Etsy Inc rose 5.4% after the announcement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5059273,"gmtCreate":1624922146628,"gmtModify":1635242494849,"authorId":3582359360248748,"author":{"id":3582359360248748,"idStr":"3582359360248748","authorId":3582359360248748,"name":"ML808","avatar":"https://static.tigerbbs.com/f601c68849ffbac8b7679f40f1471368","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":150562082,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":115,"commentSize":19,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}