NEW YORK, April 16, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Etsy, Inc. (Nasdaq:ETSY) commenced on The Nasdaq Stock Market on April 16, 2015.
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Founded in 2005 and headquartered in Brooklyn, NY, Etsy is a marketplace where people around the world connect, both online and offline, to make, sell and buy unique goods.
As of December 31, 2014, Etsy has connected 54 million members, including 1.4 million active sellers and 19.8 million active buyers, in nearly every country in the world. On Etsy, creative entrepreneurs find meaningful work and both global and local markets for their goods, and thoughtful consumers discover and buy unique goods and build relationships with the people who sell them.
“With Etsy’s successful IPO today, Nasdaq is excited to welcome one of the pioneers of the New York tech startup scene to the public markets,” said Bruce Aust, Vice Chairman, Nasdaq. “Throughout its evolution as a company, Etsy has always emphasized craft, community and long-term thinking in everything that it does. We at Nasdaq look forward to watching the company continue this tradition as it grows and expands.”
By listing with Nasdaq, Etsy joins many of the world’s largest and most revolutionary companies. Nasdaq has been the exchange of choice to over 70 percent of technology companies listed in the U.S. markets.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of approximately $9.5 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
The photo is also available via AP PhotoExpress.
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