Etsy was a twee culture punchline, now it’s a Wall Street darling

Re:Etsy was a twee culture punchline, now it’s a Wall Street... by walrus01 on Wednesday December 09, 2020 @02:16AM (#25356143)

I am fairly certain from context that by "we", he means "white collar professionals in the US/Canada/Europe who make a very comfortable salary and have all of their essential material needs already met by an overabundance of choice"

But I also wouldn't say that shopping for cute handmade weird custom things is essentially an activity of some extreme elite. Once people in any culture have lots of disposable income they'll do it. Here's a video from a few days ago of shopping for traditional hand made jewlery in Kabul, Afghanistan. Language is Dari. Farsi/Persian speakers should understand it OK.

https://www.youtube.com/watch?v=7LelKUITywE&feature=emb_titl...

If there were a sufficiently large population of Afghans with a reliable, secure online payment method, and HSPA+/HSDPA/LTE data services on their android phones, I have no doubt that those products would show up on the Dari language version of Etsy. At present probably less than 1% of people nationwide have any form of credit or debit card.

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Re:Etsy was a twee culture punchline, now it’s a Wall Street... by howlgarnish on Wednesday December 09, 2020 @03:03AM (#25356401)

Ecommerce is exploding across Asia, across populations where not only do most people not have credit/debit cards, but they may not have bank accounts either. Various forms of electronic money and good old cash on delivery are bridging the gap quite rapidly.

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