Shoppers flock to online marketplace, benefitting millions of female entrepreneurs. Etsy (NASDAQ: ETSY) saw an explosion in non-mask sales of 79% in April - an unprecedented push that the company’s CEO compares to a fresh “Cyber Monday”. Silverman credits the nearly 3 million independent business owners who are the true lifeblood of Brooklyn-based Etsy. These online entrepreneurs sold an astonishing amount of goods, including 12 million face masks, via Etsy’s online retail platform. Making masks may not be a radical innovation, per se.
Source: Forbes May 17, 2020 14:48 UTC