Etsy will provide free delivery services for members to compete with platforms like Amazon
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Etsy announced at the Goldman Sachs Communacopia + Technology conference that it will launch the Etsy Insider subscription plan, offering free delivery services to members to enhance competitiveness against rivals like Amazon. The company's CEO and CFO pointed out that the gift market is worth $200 billion, with Etsy currently holding only 1%, indicating significant growth opportunities. Etsy also plans to increase the usage of its mobile app and improve search result relevance through quality ratings
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