CNET: Etsy Sellers Protest Fees Hike After Platform’s Pandemic Revenue Soars

CNET: Etsy Sellers Protest Fees Hike After Platform’s Pandemic Revenue Soars. “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.”