Shares in Etsy fall following launch of Amazon Handmade Gift Shop

Shares in Etsy fell by 4% on Monday after Amazon’s handcrafted product section ‘Handmade Gift Shop’ expanded its offering.

The Handmade section first launched in 2015, featuring thousands of handmade products including jewellery, clothing and home items, but yesterday the service expanded its offerings in time for the festive period with the Gift Shop.

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