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Wayfair increases revenue while losses grow because of hiring spree

Wayfair Inc. reported $1.692 billion in sales generated through its e-commerce sites during the third quarter ended Sept. 30. That is up 43.3% over the same period last year, when the furniture retailer produced $1.181 billion in product sales. However, net losses nearly doubled at Wayfair, No. 13 in the Internet Retailer 2018 Top 500, […]

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