The Seattle-based company agreed to be acquired by Liberty Interactive Corp., the parent of home shopping network QVC, in a cash-and-stock deal that values Zulily at around $2.4 billion.

Liberty Interactive Corporation, the owner of TV shopping network QVC, is acquiring shopping site Zulily for roughly ... In May, Chinese online retailer Alibaba posted a regulatory filing showing ...

The site exclusively offers flash sales on its items, which means most merchandise doesn’t last for more than a few days. QVC is one of the most prominent home shopping networks on television ...