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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Mike Steib. Courtesy of Artsy
Artsy CEO Mike Steib says the team steered the marketplace to record sales a 150% yoy increase.
Steib sees this as just the start of the industry s digitization.
More people wanted to add art to their lives in 2020, and he says Artsy helped them discover it.
Artsy had a pretty good pandemic year.
In data shared with Insider, the online art marketplace revealed it saw e-commerce sales skyrocket 150% year-over-year via its buy now feature, as the in-person art world shut down and digital marketplaces began to soar. It s part of a broader pandemic pattern, as Insider has reported, of record-breaking activity for online auctions and sales of high-priced items such as jewelry and paintings.