Amazon Wants to Eat Etsy's Lunch: Here's Why It Won't
Two years ago, Amazon.com (NASDAQ: AMZN) launched its so-called Etsy (NASDAQ: ETSY) killer: Amazon Handmade. It promised a crafts marketplace of goods that were "handmade or hand-manufactured," with no factory-made products.
Etsy continued to grow in the face of the new competition, but the e-commerce giant is making a renewed push into that niche market.
In October, it launched Amazon Handmade Gift Shop, an expansion of the previous Handmade platform: The site now includes 10 categories including jewelry, home and kitchen, and party supplies.
Source: Fool.com
Amazon.com Inc. Aktie
158,90 €
2,77 %
Starke Bevorzugung von Amazon.com Inc. in der Community mit ausschließlich Buy-Einschätzungen.
Eine Steigerung von über 20% ist für Amazon.com Inc. möglich, angesichts eines Kursziels von 192 € gegenüber 158.9 €.
