The company grew sales by 47% in the second quarter, added 4.6 million new customers and continues to expand its distribution network across the United States.

The e-commerce pet product platform reported a net loss of $47.9 million and net sales of $1.62 billion.

The pet e-commerce giant has pledged a hefty donation to benefit at-risk pet owners.

Several pet food manufacturers and retailers have so far announced donations in Canada and the United states to help animal shelters cope with economic and social repercussions.

The e-commerce platform reported a 35% year-over-year increase in sales for the fourth quarter of its fiscal 2019.

The pet retail space is shifting dramatically as more and more premium products show up in grocery stores and online, Packaged Facts reports.

Premium ingredients, functional claims and lower price points are attracting consumers to retailer-owned brands.

The pet e-commerce giant reported a 45% growth in first quarter net sales year-over-year and cut net loss in half.

The company announced June 13 it will sell 46.5 million shares of Class A common stock at $22 per share.

The initial public offering price of the online pet product retailer is expected to be between $17.00 and $19.00 per share.