Etsy Sellers Protest Against Fee Hike: WSJ

More than 15,000 of Etsy Inc's ETSY digital marketplace sellers have signed a petition against the company's move to raise the commission it charges on each transaction to 6.5% from 5%, the Wall Street Journal reported.
The fee hike, the first since 2018, is effective from April 11.
The company said it expects to invest most of the incremental revenue from this fee increase in marketing and seller tools.
The company's consolidated Q4 revenue improved 16.2% year-over-year to $717.1 million, ahead of the consensus of $685.45 million.
Price Action: ETSY shares are trading higher by 0.23% at $116.85 on the last check Monday.