Shares in Etsy, the “socially responsible” crafts marketplace site, reached US $30 on the fiest day iof trading last week – up 88 per cent on its IPO price. This values the business at some US $3.3 billion. Etsy, which has offices in London, Paris, Dublin and Berlin in addition to its Brooklyn NY headquarters, achieved gross sales of US $1.93 billion in 2014 but has yet to declare a profit.
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