Etsy Raises Revenue Outlook
Online crafts marketplace cites higher transaction fees and marketing spending
Etsy Inc. raised its annual revenue forecast after the company said it benefited from efforts to raise the fees its charges merchants and from investment in marketing.
The online crafts marketplace said Tuesday it expects to generate between $596 million and $600 million in revenue this year, compared with its previous forecast of $587 million to $596 million.
Over...