Zulily news and archive

Zulily amps up e-commerce competition with price comparison tool

Zulily is positioning itself as a viable competitor to powerhouse digital retailers like Amazon and Walmart. The online retailer of clothing and lifestyle items has integrated its first-ever competitor price tool to its site to help its customers make purchase decisions. Zulily stated that 59 percent of online shoppers are doing more comparison...

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Business

QVC to buy women's fashion website Zulily

Liberty Interactive, the owner of cable TV shopping group QVC, said Monday it would take over US women's fashion website Zulily for about 2.4 billion dollar. Liberty said Zulily, known for its flash sales of popular women's and children's brands, "fits perfectly" with QVC, which also sells a wide range of fashions and home goods from its...

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Business

Alibaba buys 9 percent stake in Zulily

Alibaba Group Holding has acquired a stake of more than 9 percent in US-based e-tailer Zulily. The Chinese apparel conglomerate has paid over 150 million dollars for the 9 percent of the American retailer´s equity. The acquisition was disclosed in a securities filing that showed Alibaba spent millions of dollars buying Zulily stock as the US...

Fashion

Zulily beats estimates in first quarter of public trading

ANALYSIS_ Zulily Inc. has beaten expectations after its first quarter trading as a public company. Now, the online retailer said it aims to keep its strong momentum by reaching 1 billion dollars in sales this year. Seattle-based Zulily that targets mums and focuses on flash sales of apparel, toys and other products, geared toward moms, has...