[New post] Liberty Interactive to buy online retailer Zulily in $2.4 billion deal

sskarthik posted: "Liberty Interactive Corp , which owns home shopping network QVC, said it would acquire Zulily Inc in a deal valued at $2.4 billion to tap into the online retailer's younger clientele and its strong mobile presence. Chinese e-commerce giant Alibaba Gr" Respond to this post by replying above this line New post on SKarthik.info Liberty Interactive to buy online retailer Zulily in $2.4 billion deal by sskarthik Liberty Interactive Corp , which owns home shopping network QVC, said it would acquire Zulily Inc in a deal valued at $2.4 billion to tap into the online retailer's younger clientele and its strong mobile presence. Chinese e-commerce giant Alibaba Group Holding Ltd owns a stake of about 9 percent in the company. Billionaire John Malone-backed Liberty will combine the five-year old Zulily with its QVC business, which is about 30 years old and seen by analysts as a maturing business in the United States. Read more... sskarthik | August 18, 2015 at 10:19 am | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3fJZ Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/08/18/liberty-interactive-to-buy-online-retailer-zulily-in-2-4-billion-deal-2/ Thanks for flying with WordPress.com