Etsy closes sale of Brazil-based Elo7 marketplace to Enjoei S.A.

ETSY INC

Sale of parent holding company of Elo7 Serviços de Informática completed on August 10, 2023.
Buyer is Enjoei S.A., a Brazilian corporation; no financial terms disclosed in the filing.
Elo7 was Etsy's handmade marketplace in Brazil, acquired in 2021.
Divestiture follows Etsy's strategic review of non-core assets.

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