Wayfair founder Niraj Shah
Niraj Shah, Wayfair’s CEO.

With the number of active consumers up more than 40% year over year, Wayfair reported strong sales growth for the second quarter.

For the period ended June 30, total net revenue was $1.1 billion, up 42.7% from the comparable quarter the previous year. Net loss for the quarter was $38.9 million, down from a net loss of $48.3 million in the second quarter of 2016.