/// IPO-Bound Zulily Surpasses $400 Million in 2013 Revenue, New Filing Shows
Zulily , the IPO-bound discount e-commerce site targeted at moms, recorded revenue of $439 million in the first nine months of this year for 116 percent growth year over year, an amended S-1 filing shows. But its net income dropped from $2.4 million in the first six months of the year to just $200,000 through the first nine months. Zulily also signed a letter of intent on a new $50 million revolving credit line, according to the document.
- 12/12/2013 • Bitcoin’s Biggest Bet: Andreessen Horowitz Leads $25 Million Investment in Coinbase
- 12/08/2013 • My Bitcoin Bummer — World’s Virtual Currency Plummets in Price (Again)
- 12/06/2013 • Apple Hopes to Usher in New Age of Personalized In-Store Shopping With iBeacon Rollout
- 12/05/2013 • Filling Out Its Executive Team, Airbnb Hires Operations and HR Heads