Etsy’s $6.9B acquisition of a popular seller is about to go bust
Etsy has closed on a deal to acquire a popular marketplace that includes the popular seller marketplace for handmade goods.
The company has closed a deal with Etsy to acquire marketplace maker aiga, said a spokeswoman.
The deal closes on Sept. 25.
Etsy has been in the news recently due to the bankruptcy of the ecommerce company and the departure of founder Alexis Ohanian, who announced he was leaving the company last month.
The company had about 10 million active users at the end of September.