[6] Months after its website closed, all of Zulily's intellectual property was acquired by competitor Beyond, Inc. in March 2024, in a deal valued at $4.5 million in cash.
[5] On March 7, 2024 (months after Zulily closed its website and operations), Beyond Inc. announced that it had purchased its intellectual property.
The deal (announced on March 7) comes at a key moment ahead of Beyond's Overstock relaunch, setting up Zulily for its own refresh.
[13] The company's early strategies included the use of flash sales announced via early-morning emails; by 2012, it had over 10 million members.
[14] In May 2023, Qurate Retail announced the sale of Zulily to Regent, L.P.[19] The company's revenue had dropped significantly in 2022 and 2023, which was followed by three rounds of layoffs in the Seattle area.
[20] Zulily listed its Belltown headquarters for sale and moved into a smaller space in Seattle's Pioneer Square in October 2023.
[28] On December 22, 2023, Douglas Wilson Companies announced that it was the assignee of Zulily's assignment for the benefit of creditors (ABC).
[31] Although the website for the company said they held no inventory, in 2015 they began to hold some merchandise in warehouses to shorten the time for delivery.