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Auction giant eBay (Nasdaq: EBAY) has struck a partnership that will let it cozy up to the catalog industry, which in general has excelled at combining its traditional sales channel with the Web. EBay said it will work with Altura International, a Monterey, California-based firm that provides e-commerce solutions to catalog companies. Altura is ba...
Auction giant eBay (Nasdaq: EBAY) noted in its annual report that government regulators have closed an investigation into whether it engaged in anticompetitive practices in its battle with now-shuttered Bidder's Edge. eBay said the investigation, which began in 2000, has been closed without any action taken. The company also said a separate invest...
Looking to accomplish on its own what it once hoped to do by acquiring HotJobs, Monster.com has launched its first local job site aimed at hourly workers The site initially is focusing on the metropolitan region around Cincinnati, Ohio. Monster said more locally focused JobMatch.com sites will be rolled out but did not put a timeframe on the expans...
Riddle time: What do Girl Scout cookies, snow blower parts and a US$2 million waterfront home have in common? Give up? Recently, all have been the focus of flailing attempts at e-mail-based e-commerce. And only one was successful....
While Homestore.com (Nasdaq: HOMSE) tries to move on from its accounting woes, which led to the restatement of millions of dollars worth of income over a two-year period, at least one of its online partners is now sharing the company's pain. L90 Inc. (Nasdaq: LNTY), an online marketing firm, was slapped with a lawsuit Thursday that charged the com...
Yahoo! (Nasdaq: YHOO) is reporting that its sales rose 25 percent during a three-day discount promotion last week According to the portal giant, its partner retailers saw an average jump in gross sales of about 70 percent.
Nine months after the launch of controversial, airline-backed travel site Orbitz, the U.S. Department of Transportation (DOT) is seeking more information in an ongoing probe of the company's practices. The DOT has requested additional information from airlines, Orbitz and other travel companies about the site's business practices....
European e-commerce is poised to grow by nearly 50 percent this year but will still account for just 2 percent of all sales across the continent, according to a report from GartnerG2. The research firm said that online commerce will account for about 97.8 billion euros, or about US$86 billion, in 2002, compared with 66 billion euros, or $57 billio...
For the second time in three weeks, EBay (Nasdaq: EBAY) has moved to solidify its foothold in Asia, buying a stake in Chinese auction site EachNet for US$30 million. The investment gives EBay a 33 percent stake in EachNet, a three-year-old trading community formed by two Chinese entrepreneurs. EachNet is based in Shanghai on the Chinese mainland.
Isn't it great to see a new round of online grocery battles breaking out? No one is more hopeful than I that the outcome will be different this time. But is that just wishful thinking? The key idea is supposed to be that this time it's different. The brick-and-mortar grocery chains expanding up and down the West Coast have a new model -- one that ...
Shares of Amazon.com (Nasdaq: AMZN) took a hit after word spread on Wall Street that Toys "R" Us (NYSE: TOY) may be seeking to renegotiate its partnership with the e-tail giant. Speculation was sparked by published reports that Amazon CEO Jeff Bezos met with his Toys "R" us counterpart to discuss the status and structure of the nearly 2-year-old p...
To most online consumers, receiving unwanted e-mail marketing messages is just part of being online. Like offline junk mail, it is something people do not like but have learned to live with. But analysts say there is a price to pay for too much spam, and e-commerce may have to foot some of the bill....
The dot-com graveyard had been prepped, the headstone carved and polished. The mourners were gathered, dressed in black and ready to toss worthless stock certificates onto the casket. Just one snafu: Someone forgot to tell the guest of honor about this particular funeral.
Following a trail blazed by a host of e-commerce companies, Travelocity (Nasdaq: TVLY) and Priceline.com (Nasdaq: PCLN) have announced separate plans to expand into the Asian market within the next few weeks. Pricelinesaid Wednesday that it will finally launch its long-planned Hong Kong venture with partner Hutchison Whampoa in April.
PayPal has been hit with a class-action lawsuit by members who claim the online payment company froze their funds without their prior knowledge The suit, filed Tuesday in federal court in San Francisco, charges that PayPal violated the Electronic Fund Transfer Act as well as California state law. The complaint also stems in part from difficulties t...
It's been said before, but it's worth repeating: Timing is everything. So whenever Amazon.com (Nasdaq: AMZN) chief financial officer Warren Jenson decided to leave his post, determining when to announce it was a delicate matter indeed. CFOs have been in the news of late, and rarely for good reasons. To be clear, there is no suggestion, even from A...
Saying that the number of members using its online bill payment service has doubled recently, MSN on Tuesday launched its latest challenge to the dominance of online banks and financial institutions MSN, the online network owned by Microsoft (Nasdaq: MSFT), said it will offer a free year of online bill payment service to anyone who uses its finance...
With travel sector heavyweights Expedia (Nasdaq: EXPE) and Travelocity (Nasdaq: TVLY) already busy with takeover deals, speculation has turned to whether Priceline (Nasdaq: PCLN) could be next. The company has seen its stock price rebound after a steep drop following September 11th, but it is still trading well below most of its competition in the...
DVD rental site Netflix.com is hoping a rejuvenated stock market can breathe life back into its long-shelved initial public offering. Netflix filed with the U.S. Securities and Exchange Commission for permission to raise up to US$115 million through the offering. No date has been set.
By now, things should be clearer. The shakeout should have left e-commerce neater and more orderly. A variety of companies should occupy various sectors, each with its own distinct reason for being, its own niche, its own special appeal to consumers. But that hasn't happened. Despite all the upheaval that has taken place to date, it has not gotten...
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