Etsy, Inc. ( NASDAQ: ETSY ) 52nd Annual J.P.
Morgan Global Technology, Media and Communications Conference Call May 21, 2024 11:30 AM ET Company Participants Josh Silverman - Chief Executive Officer Conference Call Participants Katy Ansel - JPMorgan Katy Ansel All right. We're going to get started. I'm Katy Ansel, an Internet analyst at JPMorgan.
We're pleased to have with us, Etsy CEO, Josh Silverman. Etsy operates two-sided online marketplaces that connect buyers and sellers around the world. etsy.
com is the global destination for unique and creative goods made by independent sellers. The company connects over 90 million active buyers with over 9 million connected sellers in nearly every country in the world. Etsy's primary form of monetization is through marketplace services.
The company is on track to generate nearly $13 billion of GMS in 2024 per Bloomberg Consensus Estimates, with $2.8 billion of revenue. Josh has been CEO for seven years now.
And prior to joining Etsy, he held senior leadership positions at American Express, Skype and eBay. Welcome, Josh. Josh Silverman Thank you.
Thanks for having me. And I'll just would refer folks to our safe harbor on our website. Question-and-Answer Session Q - Katy Ansel Perfect.
So, jumping right in, I mean, looking at recent trends, the macro backdrop has been fairly volatile over the past year-and-a-half or so. So, can you just talk more broadly about the challenges you've been facing, what your strategy has been for navigatin.
