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November 16, 2013 06:40 am GMT
Closing the day at $37.70 a share, Zulily is proving to be a success among flash and daily deals sites. Its first-day performance could give other companies confidence in the possibility of going public, despite doubts in the long-term potential of the model.As we notedearlier in the day, Gilt Groupe could have an IPO on the horizon.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DfjSUG4dDj0/
Zulily Closes First Day As A Public Company At $37.70 A Share, Marking A Win For Flash Sales
Closing the day at $37.70 a share, Zulily is proving to be a success among flash and daily deals sites. Its first-day performance could give other companies confidence in the possibility of going public, despite doubts in the long-term potential of the model.As we notedearlier in the day, Gilt Groupe could have an IPO on the horizon.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DfjSUG4dDj0/
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