Zulily.com, the flash-sale retailer focused squarely on Net-savvy moms, filed its paperwork Tuesday to raise up to $100 million in an initial public offering.
The $100 million figure is a placeholder amount, the company said, also noting that Goldman Sachs Group, Bank of America, and Citigroup are managing the sale. Zulily hopes to list on the Nasdaq under the symbol ZU.
Zulily declined an interview request on the filing due legal constraints during the so-called "quiet period," which takes place after the S-1 is filed but before the SEC staff declares it effective.
Seattle-based Zulily.com, launched … Read more