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EBay buys Bill Me Later and plans to cut staff by 10%
Oct. 6, 2008 EBay will pay $820 million in cash and $125 in outstanding options for Bill Me Later, whose technology enables retailers to grant instant credit to consumers, for instance allowing merchants to offer payment in 90 days at no interest . The company will buy Danish classified ad site dba.dk ...
GSI Commerce to buy fulfillment and customer service vendor for $52 million
Oct. 6, 2008 E-commerce platform provider GSI Commerce is buying Innotrac Corp., an e-commerce fulfillment and customer service vendor, for $52 million in cash and stock. The acquisition is expected to close in the first half of 2009. GSI says the purchase will boost its client base and expand its North ...
Ability Commerce Names Cindy Smith Director of Sales
Oct. 6, 2008 Delray Beach, FL, September 22, 2008 – Ability Commerce, ecommerce software developer and solutions provider, has appointed Cindy Smith as Director of Sales for the Delray Beach, Florida-based company. Smith’s appointment continues Ability Commerce’s expansion of sales coverage for their leading edge ...
Bingway and AspDotNetStorefront Partner to Launch Revolutionary e-Commerce + CMS On Demand Solution for Online Businesses
Oct. 3, 2008 Cleveland, OH and Chicago, IL, September 23, 2008 – AspDotNetStorefront and Bingway Corp. are pleased to announce the launch of Bingway, a “software as a service” (SaaS) turnkey ecommerce platform for merchants to sell their products online. Bingway and AspDotNetStorefront combine to provide both e ...
E-commerce vendor Warp 9 completes turnaround and posts $2.9 million profit
Oct. 3, 2008 Warp 9 Inc., a provider of e-commerce platforms and services, reports record earnings and the completion of a turnaround program that it undertook two years ago. Net income for its fiscal year, which ended June 30, reached $2.9 million, which the company notes includes recognition of a deferred tax ...
Consumers love Lenovo, but crave Apple the most, Nielsen Online says
Oct. 3, 2008 Traffic to computer retailer Lenovo jumped 107% in August compared to the same time a year earlier, Nielsen Online says. But when it comes to online shoppers trekking to hardware manufacturer retail web sites, Apple Inc. is still the flavor of choice. It nabbed the No.1 spot for both traffic and time ...
Wet Seal makes a splash with online videos to engage shoppers
Oct. 2, 2008 By getting shoppers to participate in an online video contest on YouTube, The Wet Seal Inc. has helped to attract a growing base of shoppers who create personalized virtual outfits on WetSeal.com and drive up conversion rates, says Dayna Bateman, senior strategic analyst at Fry Inc., which works with ...
Shopping, video combine in new Shopflick online marketplace
Oct. 2, 2008 Online video shopping marketplace Shopflick.com has opened with more than 160 stores ranging from boutiques to dedicated shops for emerging designers. For each one, Shopflick shows videos featuring interviews with designers and store owners in which they display and discuss their products and what ...
Moosejaw Mountaineering Embarks On New Online Effort to Engage the Socially Connected Consumer
Oct. 2, 2008 ARMONK, N.Y. and Madison Heights, MI – September 30, 2008 – IBM (NYSE: IBM) today announced that Moosejaw Mountaineering, one of the nation’s fastest growing outdoor equipment retailers, has revamped its e-commerce platform to boost the customer experience, court savvy socially connected consumers ...
Deployment of VendorNet StoreNet Manager Enables E-Commerce Sales for Jones Apparel Group
Oct. 1, 2008 Delray Beach, FL., September 30, 2008 – VendorNet®, a supply chain collaboration solutions provider today announced that it has successfully launched Jones Apparel Group as a new user of its e-commerce and in-store collaboration technology, VendorNet StoreNet™ Manager. The application enables the automated ...
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