Hubert Burda-backed homemade and vintage goods marketplace Etsy has announced its IPO pricing at $14 to $16 a share.
Etsy, a US-based e-commerce company specialising in homemade and vintage goods previously backed by media company Hubert Burda, has revealed it will price shares at $14 to $16, TechCrunch reported yesterday.
The pricing means the initial public offering could raise up to $300m. It values the company at $1.6bn to $1.8bn.
Launched in 2005, Etsy enables users to buy and sell clothes and homemade goods from home producers. The platform has attracted more than $91m in funding. Hubert Burda supported…
