QVC Corporate Happenings

About QVC

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QVC was founded in 1986 by Joseph Segel, an entrepreneur who saw an opportunity to create a new and engaging shopping experience through television broadcasts. He named the company QVC to represent its three guiding principles: Quality, Value, and Convenience. These values were created to build trust with consumers, creating lifetime, avid fans.

Today, QVC is the world’s leading video and ecommerce retailer, offering a curated collection of desirable brands to millions of customers around the globe each day through broadcast, Internet, and mobile sales platforms. QVC generated $8.7B in net revenue in 2016, of which $4B was from ecommerce.

In 2016, 58% of ecommerce orders came from mobile platforms. Among mass merchants, the combined QVC Group (which includes QVC and zulily) is ranked as the #3 mobile retailer in the U.S. and is #8 globally, according to the 2017 Internet Retailer Mobile 500.

QVC is available in more than 360 million homes worldwide through its broadcast operations in the US, UK, Germany, Japan, Italy, France and a joint venture in China. In 2016, QVC shipped approximately 183 million units globally.

QVC has an impressive TV presence in all of its markets. QVC personalities host themed shows throughout the day engaging viewers, highlighting products in different categories, and providing shoppers with useful information in an entertaining format.

QVC is more than just live video content. Leveraging its multichannel platforms, QVC is enabling its customers to customize their experiences. Plus, QVC has created a family of mobile shopping applications for smartphones and tablets. Leveraging social networks, QVC has more than 2.3 million Facebook fans around the world who blog, comment, “like”, and share 24/7.
Many of our products have features that are exclusive to QVC and its customers. Leading product categories include beauty, electronics, home goods, apparel and accessories, and jewelry.
Based outside of Philadelphia in West Chester, PA, QVC has more than 17,000 employees worldwide. The company has state-of-the-art broadcast and ecommerce operations at its corporate headquarters, known as “Studio Park,” as well as studios in all its global markets.

QVC is a wholly owned subsidiary of Liberty Interactive Corporation (NASDAQ: QVCA, QVCB). Liberty Interactive Corporation took full ownership of QVC in 2003 when it bought the portion of the company that had been owned by Comcast.

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About QVC

QVC combines the best of retail, media and social to create the most engaging shopping experience, one that exceeds the expectations of everyone we touch by delivering the joy of discovery through the power of relationships. Every day, in nine countries and counting, QVC engages millions of shoppers in a journey of discovery through an ever-changing collection of familiar brands and fresh new products, from home and fashion to beauty, electronics and jewelry. Along the way, we connect with shoppers via live dialog, engaging stories, interesting personalities and award-winning customer service. Based in West Chester, Pa. and founded in 1986, QVC has more than 17,000 employees and has retail operations in the U.S., Japan, Germany, United Kingdom, Italy, France, and through a joint venture in China. Worldwide, QVC engages shoppers via 15 broadcast networks reaching more than 360 million homes, seven websites, and 195 social pages. Visit corporate.qvc.com to learn more.

QVC is a wholly owned subsidiary of Liberty Interactive Corporation and is attributed to the QVC Group tracking stock (NASDAQ: QVCA, QVCB). Liberty’s QVC Group also includes zulily, a digital retailer obsessed with bringing customers special finds every day at incredible prices. zulily has been a wholly-owned subsidiary of Liberty Interactive Corporation since October 2015. zulily features an ever-changing, always delightful collection of clothing, home décor, toys, gifts and more––for the whole family. Unique products from up-and-coming brands are featured alongside favorites from top brands, giving customers something new to discover each morning. Launched in 2010, zulily is headquartered in Seattle. Among mass merchants, the combined QVC Group (including QVC and zulily) is the #3 mobile retailer in the U.S., the #8 mobile retailer globally, and the #4 ecommerce player in North America, according to Internet Retailer. QVC, Q, and the Q Ribbon Logo are registered service marks of ER Marks, Inc. For more information on Liberty Interactive Corporation, visit www.libertyinteractive.com.

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