IPO-Bound Zulily Surpasses $400 Million in 2013 Revenue, New Filing Shows

Zulily, the IPO-bound discount e-commerce site targeted at moms, recorded revenue of $439 million in the first nine months of this year for 116 percent growth year over year, an amended S-1 filing shows. But its net income dropped from $2.4 million in the first six months of the year to just $200,000 through the first nine months. Zulily also signed a letter of intent on a new $50 million revolving credit line, according to the document.