Who Owns Wayfair Company?


Furniture and residential objects are provided on-line by Wayfair Inc., an American e-commerce enterprise with headquarters in Boston, Massachusetts. It was established in 2002, went beneath the establish CSN Stores, and now sells 14 million merchandise from larger than 11,000 worldwide distributors.

It operates warehouses and workplaces throughout the United States along with in Canada, Germany, Ireland, and the United Kingdom. The foremost Wayfair website online, Joss & Main, AllModern, Birch Lane, and Perigold are the 5 branded retail web pages that Wayfair runs.

Who Owns Wayfair Company?

Wayfair is owned by every private and institutional stakeholders. The co-founders of Wayfair, Niraj Shah, and Steve Conine, each private 13.30% of the enterprise, making them the company’s excessive explicit particular person shareholders.

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Fidelity Management Research Co. is the company’s largest stakeholder whole with a 15% stake. Baillie Gifford Co. (11.5% of all the shares), Morgan Stanley (9.63 %), Vanguard Group Inc. (8.03 %), Bares Capital Management (5.72% of all the shares), Vulcan Value Partners LLC (4.94% of all the shares), Prescott Investors Inc. (5.27% of all the shares), and Capital Research Management (4.63% of all the shares) are a couple of of the completely different important shareholders.

Niraj Shah and Steve Conine, the company’s founders, have been involved in enterprise actions from its start and proceed to play an necessary place in its administration as executives.

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