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Where Will Etsy Be in 5 Years?


Coronavirus has created a wave of new and dedicated e-commerce shoppers. One company that's benefiting from this a surge in traffic is Etsy (NASDAQ: ETSY).

As the pandemic progressed, its website became the go-to place for handmade facial masks made by its artisan sellers. An incredible 12 million masks were sold on the platform during April, and this traffic brought a 79% increase in sales of non-mask related items. The stock has more than doubled since the beginning of the year, which has caught the attention of investors.

ETSY Chart

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Source Fool.com

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