Zulily To Reopen After Being Acquired For $4.5 Million By Beyond

Mar 10, 2024  · The recently defunct online retailer Zulily may finally have found a fitting corporate home. Beyond Inc. has acquired it for $4.5 million in an all cash deal.


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Zulily To Reopen After Being Acquired For $4.5 Million By Beyond

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Mar 10, 2024  · The recently defunct online retailer Zulily may finally have found a fitting corporate home. Beyond Inc. has acquired it for $4.5 million in an all cash deal.

forbes.com

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Beyond Pays $4.5M To Acquire Zulily Brand, Plans To Relaunch

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Hilco said Zulily generated $666 million in sales last year from 2.5 million shoppers. Beyond reported full-year revenue of $1.6 billion in 2023, down 19% year-over-year, and a net loss of …

msn.com

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Zulily To Return After Sale To Bed Bath & Beyond Owner

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Mar 7, 2024  · Overstock in June bought Bed Bath & Beyond's intellectual property for $21.5 million after Bed Bath & Beyond filed for bankruptcy in April. Overstock in August relaunched …

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Beyond Inc. Sets Zulily Relaunch For September - MSN

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Acquired by Beyond Inc. for $4.5 million this past March, the Zulily platform and site were expected to be fully operational by the end of the second quarter, or by June 30. It was initially ...

msn.com

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Zulily To Return After Being Acquired For $4.5 Million By Beyond

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Apr 1, 2024  · Zulily To Return After Being Acquired For $4.5 Million By Beyond. Posted on April 1, 2024; by Pamela Danziger; in All, from most recent, Clothing & Apparel, Fashion, Outdoor …

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Beyond ‘remains In The Red’ As It Prepares To Relaunch Zulily

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Jul 30, 2024  · Beyond’s second-quarter net revenue fell 5.7% year over year from $422 million to $398 million, the company said on Monday. Net loss narrowed from $73 million a year ago to …

retaildive.com

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Beyond Acquires Zulily IP As It Prepares Overstock.com Relaunch

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Mar 7, 2024  · Beyond purchased the assets for $4.5 million plus acquisition-related costs, funded with cash on hand, the company indicated. Beyond expects the new Zulily site to launch as a …

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Zulily To Return After Sale To Bed Bath & Beyond Owner

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Mar 11, 2024  · Online retail company Beyond Inc. has acquired the intellectual property and brand assets of defunct online retailer Zulily for $4.5 million. The acquisition, announced last …

bizjournals.com

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Beyond, Inc. Acquires Zulily IP, Brand Assets For $4.5 Million

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Mar 7, 2024  · Beyond has acquired the intellectual property and brand assets of Zulily. ... The purchase price was put at $4.5 million plus acquisition-related costs, and was funded entirely …

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Zulily Is Coming Back, But Will It Return To Seattle?

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Mar 7, 2024  · Beyond — the owner of retail giants Overstock and Bed Bath & Beyond — announced it acquired Zulily’s brand and website for $4.5 million, a comparatively small figure …

seattletimes.com

FAQs about Zulily To Reopen After Being Acquired For $4.5 Million By Beyond Coupon?

Will beyond relaunch Zulily?

Beyond Inc. plans to relaunch Zulily September 10. Beyond — which also owns Bed Bath & Beyond and Overstock.com — acquired the intellectual property and brand assets of Zulily in March for $4.5 million. The e-commerce company once known for its flash sales shut down late last year after laying off several hundred employees. ...

How much did beyond spend on Zulily?

Beyond spent $4.5 million for the rights to Zulily's domain name, website, trademarks, customer database, social media accounts, and software. Beyond Inc. acquired the intellectual property of ecommerce retailer Zulily months after the website shuttered. ...

Did Zulily finally find a corporate home?

The recently defunct online retailer Zulily may finally have found a fitting corporate home. Beyond Inc. has acquired it for $4.5 million in an all cash deal. ...

When will Zulily be restored online?

It will be folded into Beyond’s off-price Overstock division, which is coming back from the dead too later this month. No date was announced when Zulily will be restored online, but if history repeats itself, it will get up and running fast. Beyond only took three months to revive Bed Bath and Beyond online. ...

When will Zulily relaunch?

Zulily's much anticipated relaunch under new ownership is slated for the third quarter. Acquired by Beyond Inc. for $4.5 million this past March, the Zulily platform and site were expected to be fully operational by the end of the second quarter, or by June 30. ...

Is beyond acquiring Zulily?

Marcus Lemonis, Beyond’s chairman, said in a tweet that the company is acquiring Zulily. (GeekWire and Beyond Photos) FOLLOW-UP COVERAGE: Beyond pays $4.5M to acquire Zulily brand, plans to relaunch retailer later this year … Zulily’s rebirth: Reality TV star Marcus Lemonis on what’s next for e-commerce company Zulily’s back. ...

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