(Reuters) - Wayfair Inc's shares rose as much as 27 percent in their market debut on Thursday, valuing the online home furnishings retailer at about $3.06 billion. The company's debut comes after the blockbuster listing of Chinese e-commerce juggernaut Alibaba Group Holding Ltd in New York and the strong debut of Europe's largest online fashion retailer Zalando SE in Frankfurt. Boston-based Wayfair operates websites such as jossandmain.com, dwellstudio.com and birchlane.com, offering more than 7 million products under its own brands. The U.S. ...
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