Chewy to go Public
PetSmart, the owner of Chewy.com, has started the process to take the online pet retailer public. Chewy lost $267 million on revenue of $3.53 billion in 2018. Despite this loss, Petsmart should come out ahead as it purchased Chewy for an estimated $3.4 billion in 2017...
Chewy.com Enters Online Pharmacy Market
Chewy.com, the big ole ecommerce giant that was bought by PetSmart last year, announced that it would start selling pet meds on it’s website. Naturally, this caused shares of PetMed Express, the largest online vet pharmacy, to tank over 10% in the last few...