US based home & living online retailer Wayfair reports explosive growth. Revenues in 2016 grew by 50% to $3.38 billion. See more in the investor presentation (PDF):
Wayfair’s international business is still making a lot of losses:
The company believes in the European market:
Overall losses amount to $194 million in 2016:
Online retailers selling furniture like Wayfair are, in theory, perfect candidates for BuildDirect’s Gateway logistics service. On the other hand, Wayfair could go the same route like BuildDirect.
[…] another growth company, grew by $1.9 billion to $8.2 billion in […]
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[…] Wayfair Grows by 50% to $3.4 Billion in 2016, But Losses Grow Too […]
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