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Stock impact report

Etsy to offer free shipping to customers spending $35 or more [MarketWatch]

Etsy, Inc. (ETSY) 
Last etsy, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.etsy.com
Company Research Source: MarketWatch
Etsy to offer free shipping to customers spending $35 or more Online arts and crafts marketplace Etsy Inc. ETSY, +0.99% said Tuesday it is planning to make free shipping a core part of its shopping experience. The company said it intends to make shipping free for customers with a basket worth at least $35. Etsy Chief Executive Josh Silverman said the company hears from its customers that high shipping rates are a deterrent. The service will be available around the world with the company providing its sellers with tools and educational resources. Starting July 30, the company will give priority placement in U.S. search results to items that ship free and to shops that guarantee U.S. shoppers free shipping on orders of $35 or more. Shares were down 0.6% premarket, but have gained 34.6% in 2019, while the S&P 500 SPX, -0.48% has gained 18.7%. Show less Read more
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