Etsy is cancelling $4 million in Ukraine seller fees
The company wants to support creators hurt by the Russian invasion.
Etsy is joining the ranks of tech companies offering support to Ukraine following the Russian invasion. The craft-oriented marketplace is writing off all outstanding fees for Ukraine-based sellers. The move is worth about $4 million and is meant to offset "tremendous financial hardship" for creators affected by the conflict.
The gesture comes amid a flurry of help for Ukraine. Airbnb has offered free housing for up to 100,000 Ukranian refugees. Elon Musk's companies, meanwhile, have offered free EV charging and Starlink terminals. That's not including initiatives to protect residents and limit misinformation.
Etsy's fee waiver isn't large compared to some of these relief efforts. It's not compensating sellers for lost business or waiving future fees, for instance. Still, this could be welcome for Ukranians who had to deal with outstanding Etsy bills on top of Russia's military campaign.
