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BRIEF-Beyond Acquires Ecommerce Retailer Zulily
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BRIEF-Beyond Acquires Ecommerce Retailer Zulily
Mar 7, 2024 6:05 AM

March 7 (Reuters) - Beyond Inc ( BYON ):

* BEYOND, INC. ( BYON ) ACQUIRES ECOMMERCE PIONEER ZULILY,

SUPERCHARGING

ITS OFF-PRICED BUSINESS

* BEYOND INC ( BYON ) - AS PART OF TRANSACTION, BEYOND, INC. ( BYON ) ACQUIRES

CERTAIN INTELLECTUAL PROPERTY ASSETS RELATED TO ZULILY BRAND

* BEYOND: POST BEYOND'S ASSET PURCHASE AGREEMENT, PURCHASED

ASSETS

FOR $4.5 MILLION PLUS ACQUISITION-RELATED COSTS, FUNDED ENTIRELY

WITH CASH ON HAND

* BEYOND INC ( BYON ): NEW ZULILY SITE IS EXPECTED TO BE FULLY

FUNCTIONAL

BY END OF Q2 2024

Source text for Eikon:

Further company coverage:

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