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ELA vs W

Envela Corporation and Wayfair Inc.

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Envela Corporation

Envela Corporation, together with its subsidiaries, provides recycling and recommerce services in the United States. The company operates in two segments, Consumer and Commercial. It is involved in the online and brick-and-mortar sale of authenticated high-end luxury goods, including pre-owned and repurposed fine jewelry, diamonds, gemstones, luxury watches, and secondary market bullion. The company also offers precious metal products. In addition, it provides end-of-life management of IT assets comprising data destruction, asset refurbishment, and remarketing; and detailed asset disposition data services. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.

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Wayfair Inc.

Wayfair Inc. engages in the e-commerce business in the United States and internationally. It offers online selections of furniture, décor, housewares, and home improvement products through its sites comprising Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. The company offers its products under the Three Posts and Mercury Row brands. Wayfair Inc. was founded in 2002 and is headquartered in Boston, Massachusetts.

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