Wednesday, December 18, 2013

Zulily IPO - Great News for E-Commerce

Zulily, a Seattle based daily deals site for mums, babies and kids IPO'd recently raising $253m at a $2.6b valuation. The shares have since risen 88% valuing the company at just over $5b. Those are impressive numbers considering revenue was $331m in 2012. It's good news for the E-Commerce space.

1 comment:

  1. How is it good news? I don't see how speculative investing has anything to do with E-commerce?