Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
cautious
7h agoEtsy names insider Kruti Goyal as CEO, issues softer sales guidance
Etsy appointed Kruti Goyal as its new CEO, replacing Fred Wilson as executive chair while forecasting third-quarter gross merchandise value between US$3.50–3.65 billion, down from US$3.74 billion a year earlier. The company cited duty-free e-commerce rule changes for Chinese imports and weaker discretionary spending in its U.S. markets. Revenue beat expectations at US$678 million versus US$655 million forecast, but softer outlook and leadership transition signal cautious consumer sentiment heading into the holiday season.
cautious
7h agoEtsy names insider Kruti Goyal as CEO, issues softer sales guidance
Etsy appointed Kruti Goyal as its new CEO, replacing Fred Wilson as executive chair while forecasting third-quarter gross merchandise value between US$3.50–3.65 billion, down from US$3.74 billion a year earlier. The company cited duty-free e-commerce rule changes for Chinese imports and weaker discretionary spending in its U.S. markets. Revenue beat expectations at US$678 million versus US$655 million forecast, but softer outlook and leadership transition signal cautious consumer sentiment heading into the holiday season.
cautious
Etsy names insider Kruti Goyal as CEO, issues softer sales guidance
about 7 hours ago
1 min read
73 words
Etsy appoints Kruti Goyal as CEO and issues softer guidance amid rule changes and slower e-commerce demand.
Etsy appointed Kruti Goyal as its new CEO, replacing Fred Wilson as executive chair while forecasting third-quarter gross merchandise value between US$3.50–3.65 billion, down from US$3.74 billion a year earlier. The company cited duty-free e-commerce rule changes for Chinese imports and weaker discretionary spending in its U.S. markets. Revenue beat expectations at US$678 million versus US$655 million forecast, but softer outlook and leadership transition signal cautious consumer sentiment heading into the holiday season.
Etsy appointed Kruti Goyal as its new CEO, replacing Fred Wilson as executive chair while forecasting third-quarter gross merchandise value between US$3.50–3.65 billion, down from US$3.74 billion a year earlier. The company cited duty-free e-commerce rule changes for Chinese imports and weaker discretionary spending in its U.S. markets. Revenue beat expectations at US$678 million versus US$655 million forecast, but softer outlook and leadership transition signal cautious consumer sentiment heading into the holiday season.
Companies:
Etsy, Inc.
Tags:
stocks
startups
stocks
startups
global
e-commerce
leadership
Oct 29, 2025 • 21:03 IST