Etsy sellers protest fees hikes after the platform’s pandemic revenues soar

Etsy increased its seller fees from 5% to 6.5% on Monday.
Getty Images

Thousands of Etsy sellers are criticizing the company for increasing fees that they must pay with each sale. The increase from 5% to 6.5% of sales started Monday, which prompted Etsy seller Kristi Cassidy to call for sellers to close their online stores and customers to stop buying on the platform for one week. More than 15,000 people have signed the petition. It’s not clear how many sellers have also closed down their online stores. Etsy grew its revenue significantly during the pandemic and acquired the Brazilian e-commerce platform Elo7.”Etsy made …
Read more…….