Etsy CEO Josh Silverman told CNBC on Friday that nobody knows what’s going to happen with the coronavirus pandemic this year, but he hopes the company will “outpace e-commerce overall.”
“None of us have a crystal ball,” Silverman said on “Squawk Box,” one day after the online marketplace reported much better than expected fourth-quarter earnings and revenue.
Etsy has been a big beneficiary of the stay-at-home economy during Covid.
“If I look at 2020, e-commerce grew at a crazy rate. E-commerce grew at over 40% year over year, and yet Etsy grew 2.5 times the rate of e-commerce,” he said.