Etsy says it will acquire Brazilian marketplace for creators Elo7 for $217M; the brand will remain standalone, operating out of Sao Paulo (Ingrid Lunden/TechCrunch)

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Ingrid Lunden / TechCrunch:
Etsy says it will acquire Brazilian marketplace for creators Elo7 for $217M; the brand will remain standalone, operating out of Sao Paulo  —  On the heels of Etsy's huge deal to acquire Depop to open the door to more social selling, targeting younger users, and deeply expand in Europe …

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