Brazilian Etsy Competitor Elo7 Acquires Argentinian Startup Bixti
Elo7, Brazil's answer to online craft marketplace Etsy, has acquired Argentinian competitor Bixti for an undisclosed amount of money. The company plans to further expand its business into Latin America.
Elo7, Brazil’s answer to online craft marketplace Etsy, has acquired Argentinian competitor Bixti for an undisclosed amount of money. The company plans to further expand its business into Latin America.
Julian and Monica Ipolito founded Elo7 in 2008 with funding from Accel Partners, Monashees Capital, and Insight Venture Partners. The Brazilian company has been working to expand its engineering and customer service teams while increasing marketing efforts to build a stronger craft community. With 85 thousand merchants selling 1.5
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