Craft-retail site Etsy may seek Q1 IPO: Report

Chad Dickerson, CEO of Etsy
Source: Etsy
Chad Dickerson, CEO of Etsy

Etsy is mulling a plan to take the company public, in a move that would target the U.S niche market place, Bloomberg reported Tuesday, citing sources with knowledge of the matter.

The company, which makes operates a Amazon-like platform for hand-built and vintage goods, could carryout the plan as early as this quarter, the report said.

Etsy declined to comment on the matter.

The company may look to raise about $300 million through the venture, the report said.

Click here to read the full report from Bloomberg.