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Etsy Expands In Latin America By Acquiring Brazil’s Handmade Item Ecommerce Site For $217M Cash

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Etsy Inc (NASDAQ: ETSY) inked an agreement to acquire the Brazil e-commerce site for unique, handmade items, Elo7, for $217 million in cash. Elo7 will continue to be headquartered in Sāo Paulo, Brazil, and operate as a standalone marketplace under its existing leadership team.

...read full article on Benzinga

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