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...
Aug 17, 2015
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...
May 11, 2015
