Sale of Business |
9 Months Ended |
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Sep. 30, 2024 | |
| Discontinued Operations and Disposal Groups [Abstract] | |
| Sale of Business | Note 6—Sale of Business Due to challenges Etsy faced to effectively scale Elo7 in Brazil, particularly given headwinds created by a volatile macroeconomic environment and an increasingly competitive e-commerce market in Brazil, on August 10, 2023, Etsy closed the sale of the parent holding company of Elo7 to Enjoei S.A., a corporation in Brazil. The Company recognized a net loss on the sale of Elo7 of $2.6 million, which includes a $7.5 million loss from the reclassification out of accumulated other comprehensive loss related to a cumulative translation adjustment. The net loss on the sale of Elo7 was recorded in other (expense) income, net in the Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2023.
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