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Wayfair’s first-quarter revenue grows 38.5%, while losses jump 85.9%

The onlline-only merchant says it's taking a long-term approach. Wayfair continues to invest in things like technology, logistics and foreign expansion.

Wayfair Inc. continues to grow its revenue at a blistering pace, but losses are growing even faster, according to first-quarter results reported Thursday. The online home furnishings retailer—No. 12 in the recently released Internet Retailer 2019 Top 1000—reported net revenue of $1.945 billion in the quarter ended March 31, up 38.5% from $1.404 billion for the […]

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