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Study: Net Wields Powerful Influence Over European Consumers

Although European e-tailers are facing their own wave of closures and consolidation, a study released Tuesday by the Boston Consulting Group (BCG) found that the continent's online retailing industry is "far from dead," but rather that consumers are growing increasingly enthused about purchasing from brick-and-click merchants Underscoring the "prof...

I-Marketing Interview: Compaq Computer

Computer maker Compaq (NYSE: CPQ) has been expanding beyond personal computers, and is now providing handheld devices, servers and storage systems, inaddition to software and consulting services. The Houston, Texas-based company designs, manufactures and markets a range of computer products in more than 200 countries Compaq, which says its "vision"...

Amazon Revamps International Shipping

Amazon.com (Nasdaq: AMZN) said Wednesday it will offer new international shipping plans designed to cut the length of time overseas customers must wait for delivery of goods bought on the e-tail site. Rather than varying shipping terms country by country, the cost and time it takes Amazon to ship goods will now depend on which of 10 regions a cust...

Grab A Bargain.com Takes Aim at eBay, Half.com

Aiming to carve out a spot in the peer-to-peer e-commerce space that has been dominated by players like eBay (Nasdaq: EBAY) and eBay-owned Half.com, Grab A Bargain.com on Tuesday officially launched its fixed-price bargain marketplace for the buying and selling of books, music and movies. While notions of David versus Goliath -- or Netscape versus...

The Webby Should Go to ... Nobody

By now, no one needs to be told yet again what a difference a year can make for e-commerce and the Net. But a stark reminder is taking place in San Francisco on Wednesday, in the form of the Webby Awards This is supposed to be a celebration of all that's right with the Web, mind you. But last year's music winner, Napster, has gone silent while serv...

Study: Online B2B Efforts Growing Slowly but Steadily

While companies continued to increase their online business-to-business (B2B) adoption rate during the second quarter of 2001, most organizations still report that they are in the early stages of full-scale Internet-based buying, according to a study released Monday by the National Association of Purchasing Management(NAPM) and Forrester Research "...

U.S. Clears Homestore.com in Antitrust Inquiry

The U.S. Justice Department has closed its antitrust investigation into Homestore.com (Nasdaq: HOMS), including Homestore's acquisition of Move.com and agreements with Cendant Corporation, without taking action, Homestore said Monday. Homestore said its acquisition of Move.com from Cendant and several related agreements have been cleared by the Ju...

Autobytel Q2 Loss Worse Than Expected

A slowdown in advertising spending by car dealers will lead to a bigger loss than previously expected at Autobytel.com (Nasdaq: ABTL) for the quarter just ended, the online automotive company said late Monday Autobytel said it expects revenue of US$15 million to $16 million for the second quarter ended June 30th, with a loss before interest, taxes,...

U.S. Files Charges on Internet Stock Scheme

The U.S. Securities and Exchange Commission (SEC) announced Monday that it has filed charges against an unlicensed Fort Collins, Colorado chiropractor who allegedly raised over US$300,000 by fraudulently selling stock in his company over the Internet. The charges, which were filed Friday in the United States District Court for the District of Colo...

Travelocity Brings Home Marketing Deals With British Airways, Lufthansa

Online travel site Travelocity.com (Nasdaq: TVLY) announced Monday that it has entered into agreements with Lufthansa and British Airways (NYSE: BAB) to become the first global online travel partner for both airlines. As part of the agreement, Travelocity will offer special fares from British Airways and Lufthansa, and will kick off integrated mar...

Privacy Glitches: Is Anyone Safe Online?

Reports of security glitches and inadvertent revelations of user identities on Web sites no longer carry the shock value they once did That's because they have materialized time after time, causing consumers to become a bit more numb with each incident. By now it is almost de rigeur to hear of hundreds of innocent computer users having their person...

Royal Ahold Wants 100 Percent of Peapod

Dutch supermarket giant Royal Ahold (NYSE: AHO) announced Monday that it is set to acquire all outstanding shares of U.S. online grocery unit Peapod (Nasdaq: PPOD), saying that it sees a "growing and strong" demand in the home delivery market As part of the estimated US$35 million transaction, Ahold said it will offer $2.15 for each remaining share...

USA Networks Buys Control of Expedia From Microsoft

USA Networks (Nasdaq: USAI) said Monday it will buy the controlling stake in travel site Expedia.com from Microsoft (Nasdaq: MSFT), as the entertainment company makes a major push into online travel. Los Angeles-based USA Networks said it has agreed to purchase up to 37.5 million shares of Expedia stock, including more than 33 million shares and w...

Webvan Files for Bankruptcy, Hit with Shareholder Suit

Defunct online grocer Webvan (Nasdaq: WBVN) and three of its affiliates -- Webvan Operations, Webvan Bay Area, and HomeGrocer.com -- formally filed for Chapter 11 bankruptcy protection Friday Close on the heels of the bankruptcy filing, a class action suit was filed against a group of Webvan officers and directors and the company's initial public o...

UK Travel Site Acquires Food Delivery Company

UK online travel agency Lastminute.com (Nasdaq: LMIN) said Monday it has acquired Urbanbite.com, a Web-based company that delivers take-out food in the UK and the Netherlands Lastminute said it will issue 442,151 shares to pay for the acquisition, valuing Urbanbite at about 140,000 British pounds (approximately US$196,000). Lastminute said it expec...

High-Tech Internet Shopping: Are You Experienced?

Remember when e-commerce used to be about the technology? Never mind profitability ratios or shakeouts. In the beginning, it was all about the high-tech novelty of shopping online, the excitement of the "never before." Isn't that why we started paying attention in the first place? However, the first wave of e-commerce companies found out the hard w...

Internet Grocer HomeRuns.com Shuts Down

HomeRuns.com, a privately held company that ran an online grocery service in Boston, Massachusetts, and Washington, D.C., said late Thursday it has stopped service in both markets and is beginning the "orderly winding-down" of its operations The Burlington, Massachusetts-based company said its "efforts to raise theadditional capital necessary to co...

Q2 Loss for Stamps.com Less Than Expected

Saying that its recent efforts to aggressively streamline expenses and boost sales are paying off, Internet postage firm Stamps.com (Nasdaq: STMP) reported Thursday that its net loss from continuing operations for the second quarter beat Wall Street estimates "We have done a tremendous job of cutting costs over the last couple of quarters, greatly ...

Site Launched To Settle B2B Disputes Online

The American Arbitration Association (AAA), a nonprofit conflict management and dispute resolution provider, announced Thursday that it has launched a new portal aimed at minimizing business-to-business (B2B) e-commerce disagreements The AAA said it developed the Dispute Risk Management (DRM) portal to increase fairness in the business community an...

Reports Paint Profile of an Internet Shopper

The profile of the typical online shopper is changing. In 1996, the typical Internetuser was young, relatively wealthy and male. However, over the past five years, use of the Internet has spread over different demographics, signifying the importance of the Internet to mainstreammarketing and advertising directed to everyday consumers....

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