In June of 2021, Etsy acquired Elo7, the “Etsy of Brazil” for $217 million dollars cash. In July of 2021, Etsy acquired Depop, a British fashion marketplace, for $1.625 billion dollars, primarily cash. They followed up these record pandemic gains by turning around and sticking it to their sellers. On April 11, 2022, they plan to increase seller transaction fees by 30%.