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The Download: Online art platform Artsy has seen a 300 percent gross merchandise value (GMV) growth in online sales during the pandemic. The company also realized a 300 percent jump in the number of facilitated online auctions compared to January 2020 Why it Matters: Covid-19 has bolstered e-commerce sales for everything from home goods to fashion to beauty, so it’s no surprise that the art market is experiencing similar gains. What’s particularly notable, however, is the surge in first-time buyers. According to Artsy’s latest survey of gallery owners, virtual exhibitions and auctions have widened the scope of potential consumers and attracted a new, younger demographic the number of buyers between 18 and 35 doubled in 2020. ....