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Online industry-sponsored marketplaces (ISMs) are going live faster than expected, according to a study released Friday by Jupiter Research Jupiter found that 41 percent of the 58 business-to-business (B2B) ISMs launched this year are able to conduct transactions online and another 33 percent are expected to go live before the end of the year....
While most U.S. holiday shoppers still plan to buy their seasonal gifts atbrick-and-mortar stores, a growing number intend to do more shopping onlinethis year than last, according to a study released Thursdayby Goldman Sachs & Co. and PC Data Online According to the survey, online shoppers intend to buy an average of 47percent of this year's holida...
In a bid to chip away at Priceline.com's market share in the online travel sector, discount travel service Hotwire.com said Friday that Trans WorldAir Airlines and Hawaiian Airlines have signed on with the company to sell theirinventory of unfilled airline seats Backed by six of the largest U.S. air carriers, the San Francisco,California-based comp...
Microsoft (Nasdaq: MSFT) announced Thursday that it has signed contracts with three interactive TV companies as part of its bid to develop the world of television-based e-commerce The Redmond, Washington-based software behemoth said it will work with the companies -- ACTV, eCity, and RespondTV -- to develop a range of so-called t-commerce applicati...
The European Union (EU)passed a controversial law Thursday designed to boost consumer confidence ine-commerce by establishing rules about where lawsuits against Internet merchants can be filed The Brussels I regulation, which was reportedly hammered out as a compromisemeasure, allows consumers to use the local courts and consumer protection laws in...
PetSmart.com has ended a plan to sell shares to the public, asking U.S. securities regulators Thursday to withdraw its offering documents because of "unfavorable market conditions." PetSmart.com, which operates the online division of pet-supply retailer PetSmart (Nasdaq: PETM), filed with the U.S. Securities and Exchange Commission in February to s...
Ariba, Inc. (Nasdaq: ARBA) ended Thursday up 4 3/8at 62 1/4, erasing an early decline sparked by news of a new chieffinancial officer and an analyst downgrade The Mountain View, California-based business-to-business (B2B) e-commerce companysaid Robert M. Calderoni, former CFO of Avery Dennison Corp., will succeedEdward P. Kinsey, who is retiring. K...
A union at Amazon.com? Or for that matter, at eTown.com? The suggestion itself seems strangely anachronistic, a throwback to the days when unions served a valuable purpose, when the workers they represented were truly being taken advantage of, forced to work endless hours without overtime or placed in danger by the nature of their work. It seems s...
A year ago at this time, the online toy market was wide open, with a broad range of e-tailers great and small vying for dominance in the space Now, only two primary candidates remain, but neither the intensity of the competition, nor the stakes, have diminished.
Jay Walker, founder of embattled e-tailer Priceline, is under investigation by the Connecticut Attorney General for alleged violations of state and federal employment law by his privately held company Walker Digital Connecticut Attorney General Richard Blumenthal told the E-Commerce Times that he is investigating claims that Walker Digital, which o...
A report released Thursday by the European Union shows that Internet penetration has increased 55 percent in Europe over a six-month period According to the report, an assessment of the progress of the eEurope initative, the number of European households with Internet access rose from 18 percent in March to 28 percent in October....
Further signifying that e-commerce continues to make headway in the traditional retail arena, a study released Thursday by Forrester Research forecasts that consumers will spend at least US$36 billion on gifts purchased online by 2005 As part of its report, "Pulling in Online Gift Buyers," the Cambridge, Massachusetts-based firm also found that Int...
A record number of U.S. shoppers visited e-tail Web sites last week, according to numbers released Thursday by Internet measurement firm Media Metrix. E-tailers received 35.2 million unique visitors during Thanksgiving week, the firm said, representinga whopping 40.3 percent increase over the same period last year....
Amazon.com (Nasdaq: AMZN) attracted more visitors than any other e-tailer during the first four weeks of the holiday shopping season, audience measurement firm Nielsen//NetRatings said Thursday Amazon saw nearly 54 million visitors between October 30th and November 26th, up 39 percent from the start of the season and more than five times as many vi...
Gateway, Inc. (NYSE: GTW) plunged 109/16 to 18 15/16 in the first few minutes of trading Thursday after the computer manufacturer said fourth-quarter results will be well below Wall Street estimates Because of sluggish demand for personal computers (PCs) this holiday season,revenue for the quarter will be flat at about US$2.55 billion, $500 million...
Small businesses in the United States are now more likely to use the Internet for advertising and promotion than for selling their products and services online, a survey released Wednesday found The report from SuperPages.com and Gallup disclosed that the number of small businesses using the Web for marketing purposes more than doubled since 1999,...
PurchasePro (Nasdaq: PPRO) rose 1to 14 7/8 Wednesday after the company announced a new chief operating officer PurchasePro, a Las Vegas, Nevada-based operator of business-to-business(B2B) online marketplaces, said Shawn McGhee will take over the COO dutiesfrom Christopher P. Carton. Carton, one of the company's founders, will remainpresident and a ...
Further confirming that e-commerce is alive and well,the surge in online traffic triggered by the onset of the holiday season caused sporadic system outages over two days at Internet payment network PayPal The Palo Alto, California-based company has over four million users, andits payment service is particularly popular with those who buy and sellg...
In a bid to achieve profitability, e-tailers slashed theirspending on offline advertising during the third quarter and,as a result, cut their customer acquisition costs in half,according to a study released Tuesday by Shop.org and the Boston Consulting Group (BCG) The study also found that 95 percent of e-tailers surveyed saidthat they are improvin...
More than 20 of the world's leading high-tech companies, including Microsoft, IBM, Commerce One and Intel, announced Wednesday they have banded together to form a think tank that hopes to address implementation challenges for e-business One of the biggest tasks for the new non-profit corporation, the Business Internet Consortium, will be to develop...
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